Bit of a Sell Off
Tue, Apr 1 2008, 9:00 AM
On some breaking news on Fed Policy expectations we've sold off about 6/32nds in the 5.5% coupon, down about 16/32nds on the day so far. If your rate sheet was already released, and you're anything less than half a point worse, locking now is a good idea if you were going to lock today.
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