Prices Falling a bit
By:
Matthew Graham
•
Though some lenders may have given up a reprice for the better owing to a stable MBS price curve after 9:30 AM eastern, the prices have fallen 3-4/3nds in the last few minutes which may prompt some lenders to reprice for the worse soon.
If you are going to play the float game, keep floating, but if you were going to lock today, now may be the time.