It should be fairly hard for us not to open on a slightly positive note following friday's ridiculousness. 15 minutes before the official open still, the first few trades that have come in are indicating an 8 tick improvement on the open. Not a lot of scheduled news today, but so far quite a few headlines, including some dismal "global economic health" indicators.More t... ...CONTINUED - Read More Now

The 5.5 mbs have just ticked to new lows of 99-12 which is just a little lower from when rate sheets came out, but this does put lenders in a position to consider a reprice for the worse.
If you must lock today, you might consider now before the reprice. Read More Now

Black Friday probably won't do this justice.The day after thanksgiving will never be the same.The only stock that is up in the entire world is Simmons Beautyrest as everyone is frantically shoving money under the mattress.We're only down 400 on the dow, but don't be surprised to see a crazy thing or two today with the .VIX at 90. 5.5's are at 99-23, 20 ti... ...CONTINUED - Read More Now

Fixed Income in general has been unhappy for the past few minutes.MBS finally get their tightening, but price declines with the 5.5 currently trading fairly actively around 100-05 to 100-06+.Reprices for the worse are likely. Read More Now

pretty appreciable tank in the curve.Reprices for the worse are a reality for savvy lenders.Good time to lock deals closing this week or potentially even early next week. It's entirely possible rates will be better as soon as this afternoon, but if you can't afford to ride out this choppiness, cash in your gains and move on to the next deal.if you want to risk it, we'... ...CONTINUED - Read More Now