December 29, 2023 – Rate Commentary

• December 31, 2023
• realestatelife
• Business & Markets, Fed, Interest Rates, Politics & Economy, Rates, Real Estate, Real Estate Finance, Recession, World News, Your Real Estate Life

Rate sheets today may be a little worse than yesterday but it shouldn’t be much, and reprice risk is low. Markets close today at 2pm Eastern and will be closed on Monday for New Years.

All loans are free to cautiously float.There is little risk to avoid, although little reason to expect improvement either. Let’s see what next week brings.

Technicals:

The UMBS 5.5 coupon is 100.34, -14bps and basically right back where we started the week.

The 10yr Treasury yield at 3.89, also right back where we started the week.