MBS UPDATE: Reprice Potential Increasing

By: Matthew Graham • Thu, Nov 20 2008, 11:22 AM

Now off the highs :

Current MBS Price and Day Over Day Change:

FN 5.5 30YR MBS = 100-05 .... +0-04 (4 ticks)

A significant portion of lenders who released rates more than 30 minutes ago will be considering a reprice for the worse.