Current Pricing of FNMA 30 Year 4.5% Bond: $100.59
+3 bps (Prior Close – $100.56)
Market Update: The Mortgage Backed Security (MBS) pricing is nearly unchanged this morning from yesterday. Yesterday's Treasury auction was well received by traders and helped MBS close slightly higher.
Economic News: The Fed Beige Book findings will be released this afternoon and could have an impact on the markets.
Recommendation: FLOAT
For information on purchasing or refinancing your home loan contact The Krushinsky Team at 623-594-7600.
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