Lender Pricing Pulls Back Ahead of 3 Day Weekend

Mortgage backed securities and treasuries opened in opposite directions this morning. MBS opened a few ticks worse than yesterday, while the benchmark 10 year treasury note opened at 2.30, down from yesterday’s close of 2.32. The early morning weakness with MBS resulted in lenders worsening rate sheets.

Leave a Reply

Your email address will not be published. Required fields are marked *