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
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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
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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
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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
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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
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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
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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...
Mon, Aug 15 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-25 : -0-07
...
Mon, Aug 15 2011, 3:36 PM
Mortgage rates re-entered record-low territory last week, one-day
after the Federal Reserve announced it would continue lending cash to
banks at a...
Fri, Aug 12 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-11 : +0-27
...
Fri, Aug 12 2011, 10:13 AM
(Sorry the
commentary is a little late today. It took me a long time to wade through all
of the investor price-change e-mails from yesterday. So let...
Fri, Aug 12 2011, 8:25 AM
Fixed income and equities are each improving Friday morning with the stock market rising nearly half a percentage point while Treasuries are picking t...
Fri, Aug 12 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Aug 11 2011, 12:16 PM
Foreclosure
activity dropped significantly again in July according to figures released on
Thursday by RealtyTrac, however the Irvine California firm...
Thu, Aug 11 2011, 11:23 AM
Last
night my wife met me at the front door. She was wearing a sexy negligee. The
only trouble was, she was coming home.
The correct perspective ...
Thu, Aug 11 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-18 : -0-07
...
Thu, Aug 11 2011, 8:29 AM
Every morning is a whole new world in the markets this week. Today the themes are mixed price action in Treasuries and a continued sell-off in equiti...
Thu, Aug 11 2011, 4:40 PM
Consumer borrowing costs ticked higher today in another volatile trading session (multiple reprices experienced). Mortgage rates are still in record ...
Thu, Aug 11 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-25 : -0-31
...
Wed, Aug 10 2011, 12:47 PM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending August 5th, 2011.
On May 18th...
Wed, Aug 10 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-23 : +0-25
...
Wed, Aug 10 2011, 10:29 AM
Freddie Mac released its second quarter financial statement
on Tuesday and showed dramatically better results than its sister enterprise
Fannie Mae....
Wed, Aug 10 2011, 9:21 AM
This
unrelated-to-mortgage banking short clip of a marriage proposal will take your
mind off the markets: GoodCatch !
Maybe it will take l...
Wed, Aug 10 2011, 8:55 AM
Equity markets soared in the final 110 minutes of trading on Tuesday, but optimism appears to have petered out overnight.
After the Federal Reserve...
