Industry News
Mortgage Industry News
Today’s Market Color
09/13/2010
MBS prices are up +4/32 (FNMA 30-yr 4.0 at 102.07), which is about 6/32 higher than Friday at this time. The 30-yr fixed FNMA required net yield (60 day) is now at 4.04%, the highest level since August 5, from 3.96% Friday. Early investors may have priced at much lower levels.
With little news, both MBS markets and stocks are posting gains this morning. The Dow is up 75 points. 10 Yr yield 2.768
