Catching a bit of a bid | Equity Prime Mortgage

Catching a bit of a bid

Catching a bit of a bid.  Not a crazy rally, but around highs of the day.  Certainly better than the alternative.  Resisting 1.82 at the moment.  I don’t expect many positive reprices here yet, just some early rate sheets.  One must be certainly a bit more optimistic going into the next 3 days.  Those reports have been pretty wild though, so nothing is a safe bet just yet.  

Philip N. Mancuso, Chief Investment Officer

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