Tue, Nov 24 2009, 10:30 AM
After a concentrated blast of econ data this AM, the calendar is on break until the 5yr note auction at 1pm. Sure, there is a 4 week bill auction at ...
Tue, Nov 24 2009, 10:15 AM
Mortgage modification divisions hiring; Large number of investor updates - why during a holiday week?
Tue, Nov 24 2009, 9:00 AM
After the release of the data, 10yr note yields are a few bps higher...but holding the overnight gains that pushed yields back into last week's range....
Tue, Nov 24 2009, 8:15 AM
With stocks falling across Asia ― the Nikkei closed down 1%, the Hang Seng lost 1.5%, and China’s CSI shed 3.2% ― one should be pretty optimistic that...
Tue, Nov 24 2009, 5:34 PM
Tue, Nov 24 2009, 2:37 PM
Tue, Nov 24 2009, 2:31 PM
Freddie Mac released its October activity report Tuesday morning. The total portfolio increased by 0.7 percent - the third month in a row that the po...
Tue, Nov 24 2009, 1:00 PM
The Treasury has successfully auctioned a record $42 billion 5 yr notes at a high yield of 2.175%, which is lower than the 1pm "When Issued" mid-marke...
Mon, Nov 23 2009, 11:32 AM
Mon, Nov 23 2009, 10:48 AM
Last week ended basically where it began with prices of mortgage backed securities moving sideways near record highs and mortgage rates holding steady...
Mon, Nov 23 2009, 10:28 AM
Loan Pricing Observations; 401(k) Ramblings; Investor Updates: Wells, Flagstar, AmTrust
Mon, Nov 23 2009, 8:35 AM
In the week that was, mortgages traded in a narrowing range as 10yr TSY notes bounced back and forth between positional resistance and support. While ...
Mon, Nov 23 2009, 8:09 AM
The US dollar is weaker, equities are higher, and gold is soaring. That’s how the Thanksgiving-shortened week is beginning after markets slid back lat...
Mon, Nov 23 2009, 5:25 PM
Mon, Nov 23 2009, 3:06 PM
Heading into the after hours session, the FN 4.0 is +0-05 at 99-17 yielding 4.053% and the FN 4.5 is +0-05 at 101-30 yielding 4.263%. The secondary ma...
Mon, Nov 23 2009, 2:14 PM
Existing-home sales surged 10.1 percent to an annual rate of 6.10 million units in October from a downwardly revised pace of 5.54 million in September...
Mon, Nov 23 2009, 1:00 PM
Fri, Nov 20 2009, 11:23 AM
While our benchmarks have bounced around this six basis point range all week..." rate sheet influential" MBS coupon price improvements have stalled an...
Fri, Nov 20 2009, 10:31 AM
While benchmark interest rates continue to chop around in a contained range, mortgage-backed securities have moved sideways, failing to make much prog...
Fri, Nov 20 2009, 9:55 AM
Jumbo program; more on short sales; news from Chase, SunTrust, DR Horton, GMAC; rates quiet
Fri, Nov 20 2009, 9:30 AM
The FN 4.0 is currently -0-02 at 99-08 and the FN 4.5 is trading +0-01 at 101-23. The range narrows...there isnt much room for further price appreciat...
Fri, Nov 20 2009, 8:10 AM
In line with weak global markets, US equities are looking to open lower this morning. Two hours before the bell sounds S&P 500 futures are down 8.2 po...
Fri, Nov 20 2009, 5:12 PM
Transparency is the new buzz word in the financial world, especially in the mortgage industry. While government officials and financial pundits pay "...
Fri, Nov 20 2009, 5:01 PM
Fri, Nov 20 2009, 4:28 PM
Fri, Nov 20 2009, 2:15 PM
Thu, Nov 19 2009, 12:32 PM
Reports from fellow mortgage professionals indicate that mortgage rates are unchanged from yesterday. The par 30 year conventional rate mortgage rema...
Thu, Nov 19 2009, 11:32 AM
Thu, Nov 19 2009, 10:13 AM
Short sale basics;MIDANET; Global Mortgage Standards; Lots of Investor Updates;
Thu, Nov 19 2009, 9:29 AM
WHILE THE RANGE IS STILL MODERATING TSY PRICE ACTION, RATE SHEET INFLUENTIAL PRICES ARE HITTING A CEILING (negative convexity). This implies rate shee...
Thu, Nov 19 2009, 8:19 AM
New 13-month peaks early in the week and now . . .hesitation. Ninety minutes before the opening bell, S&P 500 futures are off 10 points to 1,098 and D...
Thu, Nov 19 2009, 5:00 PM
Thu, Nov 19 2009, 4:34 PM
The Fed's weekly net MBS purchases totaled $16.00 billion, $2.5 more than the previous, holiday shortened week. The majority of Fed purchases were in ...
Thu, Nov 19 2009, 4:06 PM
The Mortgage Bankers Association reported that delinquency rates during the third quarter hit all time highs. Prime mortgages and FHA mortgages appea...
Thu, Nov 19 2009, 3:29 PM
Thu, Nov 19 2009, 1:45 PM
Thu, Nov 19 2009, 1:00 PM
Almost all short and long term mortgage interest rates fell during the most recent week with the 15-year FRM reported by Freddie Mac hitting an all-ti...
Wed, Nov 18 2009, 11:40 AM
Wed, Nov 18 2009, 11:25 AM
While we anticipated housing starts and permits would fall in October, today's data was a big surprise to most market participants as economists were...
Wed, Nov 18 2009, 10:09 AM
In this week's release, which reports on loan application activity for the week ending November 13, 2009, new loan application fell 2.5%, even as the ...
Wed, Nov 18 2009, 10:03 AM
Primer on the dollar; Are you ready for 2010 volumes? Servicing transfer news from the Fed
Wed, Nov 18 2009, 9:30 AM
While the morning data served to bring out a bit of chopatility, 3.32% is still strong resistance and 3.37% is still strong support. Again...the data ...
Wed, Nov 18 2009, 8:00 AM
Sitting comfortably at 13-month highs, equities are beginning the day moving sideways ahead of data on inflation and the housing market.
The Dow lo...
Wed, Nov 18 2009, 6:09 PM
Wed, Nov 18 2009, 4:01 PM
The FN 4.0 is trading -0-04 at 99-09 yielding 4.084% and the FN 4.5 is bid -0-02 at 101-23 yielding 4.294%. The secondary market current coupon is 4....
Wed, Nov 18 2009, 1:54 PM
Wed, Nov 18 2009, 1:29 PM
Reports from fellow mortgage professionals indicates that rates are unchanged from yesterday. This keeps the par 30 year conventional rate mortgage ...
Tue, Nov 17 2009, 12:56 PM
Benchmark Treasury prices and mortgage-backed security prices rallied yesterday. AQ described the inner dynamics of the trade strategy that led to rat...
Tue, Nov 17 2009, 11:15 AM
Relative to yesterday's levels, MBS had a tougher time this morning than treasuries. The limits of Monday's MBS range were 101-24 on the low side and...
Tue, Nov 17 2009, 10:46 AM
Google's mortgage comparison tool; bank ranking; rates slide higher
