Nothing has changed from the Mid-Day Commentary, as MBS continue bouncing along the same lows that offered support earlier this morning.  Treasuries have also been contained by their weakest levels of the day.  Neither has sold off in any extreme way--indeed MBS are only down 4/32nds--but the losses could still end up being important.

Reason being: today's weakness potentially markets a turning point similar to several other examples in 2014 where rates have traversed their narrow range, bounced, and headed back in the other direction.  We'll know more about whether or not that bounce is materializing tomorrow, but for today, we have extended runs in one direction coming to an end in both stocks and bonds. 

MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
MBS
FNMA 3.0
97-07 : -0-03
FNMA 3.5
101-08 : -0-04
FNMA 4.0
104-15 : -0-04
Treasuries
2 YR
0.3710 : +0.0160
10 YR
2.6427 : +0.0237
30 YR
3.4893 : +0.0133
Pricing as of 4/14/14 4:00PMEST
Today's Reprice Alerts and Updates
A recap of Alerts and Updates provided to MBS Live subscribers.
2:19PM  :  MBS Bouncing Along Lows; Modest Reprice Risk Remains
10:57AM  :  ALERT ISSUED: Back to Weakest Levels as Stocks Rally
9:58AM  :  MBS Rally Back to Unchanged As Stocks Fall
8:39AM  :  Bond Markets Weaker after Retail Sales Data
MBS Live Chat Highlights
A recap of featured comments from the Live Discussion on the MBS Live Dashboard.
Bryce Schetselaar  :  "Has anyone seen an LP approval above 50% lately?"
Hugh W. Page  :  "FHA I've received an LP Accept over 50 within the last 2 months."
Sung Kim  :  "yes, 50.44%"
Joshua Crater  :  "anyone do these special doctor home loans? jumbo to 95%? is this a myth?"
Kenneth Crute  :  "most want the Dr, to move their deposit accounts over, but in exchange for low to no down payment with NO MI is usually a pretty good deal "
Chip Harris  :  "Anyone know how a vet can get a copy of his DD214? VA is requiring it for a COE and he has no clue where it is."
dustin mcalister  :  "http://mndne.ws/1m2Z1fh"
Jay Rodriguez  :  "You can also use an Expeditor Service to get them quicker, though they can get them for free from the link below."
Jason York  :  "requesting your DD214 isn't not a quick process from what I know"
Justin Mix  :  "The DD214 is in St. Louis. Here's an expediter with 24hr turn arond http://mndne.ws/1m30dPL"