Over the past 18 hrs from close yesterday to open. MBS is up in most cases by 10-14 ticks. That is great for us looking for 4% rates. I hope that everyone realizes that 4% rate I'm referring to is any solid rate in the 4% range fixed 30 year. I'll take continuous 4.625% on 30 years all day. I'm causiosly optimistic that we contine this or sideways movement. All you need to do is check out this site for more insight to the market.
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