Those pesky illiquid trading conditions!!!!
FN 4.5: +0-03+ at 101-23 GN 4.5: +0-02 at 102-04+
FN 5.0: +0-04 at 102-08+ GN 5.0: +0-05+ at 102-25
FN 5.5: +0-07 at 102-19 GN 5.5: +0-07+ at 103-02+
FN 6.0: +0-08 at 102-29 GN 6.0: +0-06+ at 103-02
Reprices for the worse are now a possibility. If you have been floating any December closings we would advise locking before MBS prices fall further.