Posted on Wednesday, 24th March 2010 by chrisjones

Market: We’re off 90bps, meaning that we’ve lost almost a whole point in price on the benchmark 4.5% 30-year FNMA bond. That means rate pricing is off by just about that same amount, and 5% is on the ragged edge of no good anymore.  Most lenders will be pricing at 5.25% in the morning. Analysis: [...]

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