Looks like MBS doesn't like it as this is .6% higher than expected. We've dropped about 4/32nds since the announcement, but will possibly not sell off much more than that.
Rates should be out slightly better than yesterday, but stay tuned.
Looks like MBS doesn't like it as this is .6% higher than expected. We've dropped about 4/32nds since the announcement, but will possibly not sell off much more than that.
Rates should be out slightly better than yesterday, but stay tuned.