Wed, Aug 24 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-08 : -0-19
...
Wed, Aug 24 2011, 1:29 PM
There's about 30 minutes left before another hourly mark is plotted on the following chart of 10yr yields. Yes, of course 10yr yields don't dictate m...
Wed, Aug 24 2011, 1:16 PM
The Federal Housing Finance Agency ( FHFA )
has released its seasonally adjusted purchase-only house price index (HPI) for
the second quarter of 2...
Tue, Aug 23 2011, 12:21 PM
Jay Brinkmann, the Mortgage Bankers Association's
(MBA's) Chief Economist, told reporters on Monday that MBA's National
Delinquency Survey (NDS) f...
Tue, Aug 23 2011, 12:16 PM
The sales of new single-family houses fell slightly in July
to a seasonally adjusted annual rate of 298,000. The U.S. Census Bureau and the Depa...
Tue, Aug 23 2011, 11:24 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
101-09 : +0-07
...
Tue, Aug 23 2011, 10:39 AM
Who is
Deven Sharma? He is the latest person to quit his job. Ordinarily this wouldn't
be a big deal, but he was the president of Standard & Poor...
Tue, Aug 23 2011, 8:43 AM
Global investor sentiment is a little more buoyant Tuesday despite some less than stellar economic data and news, including UBS announcing it will cut...
Tue, Aug 23 2011, 4:20 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Tue, Aug 23 2011, 4:17 PM
The title of the post makes things sound more serious than they are. In fact, other than continuing to operate near all-time levels, things aren't th...
Tue, Aug 23 2011, 3:30 PM
Consumer borrowing costs rose marginally today, marking the third consecutive session where mortgage rates have ticked slightly higher. Although we'r...
Mon, Aug 22 2011, 12:43 PM
The third quarter is shaping up to
be the best in 2011 from the standpoint of mortgage originations according to
the Mortgage Bankers Association (M...
Mon, Aug 22 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-03 : -0-12
...
Mon, Aug 22 2011, 10:20 AM
No wonder
companies are hiring. The Mortgage Bankers Association raised its forecast
for loan production this year to $1.1 trillion in residential ...
Mon, Aug 22 2011, 9:33 AM
A "risk-off" environment helped bonds rally last week and led mortgage rates back into record low territory. Weak economic data around the world and ...
Mon, Aug 22 2011, 4:24 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-10 : -0-04
...
Mon, Aug 22 2011, 4:05 PM
Despite a volatile back-drop, mortgage rates
continue to hover near all-time lows.
Monday's offerings are little
changed from Friday (in some ...
Mon, Aug 22 2011, 3:32 PM
Today has been exceedingly boring and sideways for MBS and Treasuries alike. But to an even greater extent than their benchmark big brothers, MBS hav...
Fri, Aug 19 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-14 : -0-10
...
Fri, Aug 19 2011, 10:18 AM
Every
month we hear about existing home sales , with the usual quote from
someone at the NAR. (This time around, Lawrence Yun, NAR chief economist,...
Fri, Aug 19 2011, 9:05 AM
Another sickly day in Europe has the U.S. stock market ready to open more than 1% lower Friday, and even Treasury yields are backing up a bit.
"Eur...
Fri, Aug 19 2011, 4:19 PM
MBSonMND: MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5 101-14 : -0-10
FNMA 4.0 104-06 : -0-11
FNMA 4.5 106-04 : -0-09 ...
Fri, Aug 19 2011, 3:36 PM
More than a few of you have asked for a chart of the relative performance of MBS versus Treasuries. Here a couple quickies that I think really illust...
Fri, Aug 19 2011, 2:22 PM
Despite a volatile back-drop, mortgage rates continue to hover near all-time lows.
The reason we bring up volatility again is, although many len...
Thu, Aug 18 2011, 12:17 PM
The National Association of Realtors ®
reported today that existing-home sales in July were down from the previous
month but were significantly h...
Thu, Aug 18 2011, 12:15 PM
The housing boom created a rich climate
for mortgage fraud and while the bust that followed the boom has changed the
nature of the crime, it has pro...
Thu, Aug 18 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-28 : +0-11
...
Thu, Aug 18 2011, 9:32 AM
Does it
seem more crowded around here than ten years ago? Maybe not in Detroit, or in Kansas, but around the world, the
population is expected to h...
Thu, Aug 18 2011, 8:26 AM
Treasury prices are soaring and equity futures are tumbling and as a major equity sell-off in Europe has crossed the Atlantic, triggered by renewed co...
Thu, Aug 18 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-20 : +0-02
...
Thu, Aug 18 2011, 4:11 PM
Today is one of those days where the importance of NOT paying attention to
the Treasury market for mortgage rate indications is strikingly clear. Al...
Thu, Aug 18 2011, 3:51 PM
Lots to cover so we'll dig right into it. First of all, it's hard to miss the fact that 10yr notes dipped below 2% today . 10's are still nearly a ...
Wed, Aug 17 2011, 11:55 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Application Survey for the week ending August 12, 2010. MBA's Market Co...
Wed, Aug 17 2011, 11:39 AM
Uncertainty and apprehension appear to
be influencing the economy as much as reality according to the latest National
Housing Survey (NHS) condu...
Wed, Aug 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-10 : -0-01
...
Wed, Aug 17 2011, 9:04 AM
We're in
the middle of baseball season, and here's a non-mortgage video that has people
saying, "No way": BatterUp!
Small banks can still origi...
Wed, Aug 17 2011, 8:29 AM
Treasuries are steady and equities are rising Wednesday morning as investors shift focus from European debt problems to macroeconomic data and corpora...
Wed, Aug 17 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-20 : +0-10
...
Wed, Aug 17 2011, 4:02 PM
Borrowing costs improved once again today. Mortgage rates are hovering near all-time lows.
Though many lenders have greatly improved their cons...
Tue, Aug 16 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
100-25 : -0-01
...
Tue, Aug 16 2011, 11:06 AM
Builder confidence in the housing market
remained unchanged in August according to the National Association of Home
Builders (NAHB)/Wells Fargo Hous...
Tue, Aug 16 2011, 10:52 AM
The
winner of the "pot calling the kettle black" award for this week goes
to U.S. Rep. Tom Graves, who was calling for fiscal responsibility in
Was...
Tue, Aug 16 2011, 8:02 AM
Benchmark Treasury yields ticked higher yesterday in a quiet trading environment as stocks rallied for the third straight session. The 10-year note w...
Tue, Aug 16 2011, 4:54 PM
Borrowing costs improved today and rates remain in all-time best
territory. Mortgage rates were perhaps slightly
better last Wednesday, but eithe...
Tue, Aug 16 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-10 : +0-17
...
Tue, Aug 16 2011, 2:03 PM
Housing starts in July fell from June
figures but still came in well ahead of predictions. According to information released by the U.S.
Census Bu...
Mon, Aug 15 2011, 11:27 AM
Rates are bouncing around near record lows set last October and consumers are looking to seize the opportunity. There's always a rush by consumers and...
Mon, Aug 15 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
100-31 : -0-01
...
Mon, Aug 15 2011, 10:33 AM
A man
walks into a psychiatrist's office wearing only underwear made of Saran Wrap.
The psychiatrist says, 'Well, I can clearly see your nuts." Anyo...
Mon, Aug 15 2011, 8:37 AM
Is the volatility over? Only a fool would say yes for certain, but so far, markets are calm.
Treasury movements are relatively modest. The two-year...