Stocks are at the highs of the day and the yield curve continues to steepen which has consequently put added selling pressure on mortgage pricing. A reprice for the worse is once again a potential
Since 5pm "Going Out" Marks....
FN30_______________________________
FN 4.0 -------->>>> -0-05 to 99-28 from 100-01
FN 4.5 -------->>>> -0-03 to 101-24 from 101-27
FN 5.0 -------->>>> -0-01 to 102-30 from 102-31
FN 5.5 -------->>>> -0-01 to 103-21 from 103-22
FN 6.0 -------->>>> +0-00 to 104-16 from 104-16
GN30_____________________________
GN 4.0 -------->>>> -0-04 to 100-02 from 100-06
GN 4.5 -------->>>> -0-02 to 102-02 from 102-04
GN 5.0 -------->>>> -0-01 to 103-15 from 103-16
GN 5.5 -------->>>> -0-02 to 103-29 from 103-30
GN 6.0 -------->>>> -0-02 to 104-09 from 104-11
The early afternoon sideways trend has turned negative. The FN 4.0 is heading towards a re-test of intraday lows....BE AWARE