Tue, Nov 3 2009, 2:30 PM
And maybe we should also "make way" for tomorrow's refunding announcements as well? FOMC gets more attention (even from us), but some of today's weak...
Tue, Nov 3 2009, 1:21 PM
The 10yr TSY note is testing 3.50% and rate sheet influential MBS prices are moving lower. IF YOU DID NOT GET A REPRICE FOR THE WORSE ALREADY...you wi...
Mon, Nov 2 2009, 11:32 AM
The FN 4.0 is currently -0-04 at 98-17 yielding 4.153% while the FN 4.5 is trading -0-02 at 101-04 yielding 4.364%. The secondary market current cou...
Mon, Nov 2 2009, 11:01 AM
The Pending Home Sales Index, a forward-looking indicator based on contracts signed in September, rose 6.1 percent to 110.1 from a reading of 103.8 in...
Mon, Nov 2 2009, 10:16 AM
The institute for supply management released the Manufacturing ISM Report on Business this morning. "Economic activity in the manufacturing sector exp...
Mon, Nov 2 2009, 9:29 AM
USB Expands; CIT Declares Bankruptcy; GMAC & Financial Mortgage Updates;
Mon, Nov 2 2009, 8:26 AM
CIT Group filed for bankruptcy on Sunday, helping the bond market briefly improve in the the overnight session...however as the firm's failure was pri...
Mon, Nov 2 2009, 8:15 AM
Volatility in the stock market left equities in a state of pessimism last week. The S&P 500 lost 4.02% in the five trading sessions, including a 2.81%...
Mon, Nov 2 2009, 2:45 PM
As trader's prepare to mark their books at 3pm, stocks are off the lows, benchmark TSYs yields are moving higher, and rate sheet influential MBS coupo...
Mon, Nov 2 2009, 1:12 PM
Mortgage bankers reported a substantial increase in per-loans profits during the second quarter of 2009 and an increase in loans, especially refinanci...
Mon, Nov 2 2009, 1:04 PM
Last week ended on positive note for mortgage backed securities and mortgage rates. As stock indexes fell, market participants re-allocated portfolios...
Fri, Oct 30 2009, 12:56 PM
The resolution would extend the present conventional loan limits for Fannie and Freddie through the 2010 calendar year at 125 percent of local median ...
Fri, Oct 30 2009, 11:10 AM
Phew. I took a risk this morning and decided NOT to issue an ALERT when benchmark yields starting rising at 10:30.
In a choppy marketplace, when pr...
Fri, Oct 30 2009, 11:09 AM
Mortgage rates rose yesterday after a better than expected advance read on third quarter GDP sent benchmark yields higher early in the trading sessio...
Fri, Oct 30 2009, 9:34 AM
Loan limit & tax credit updates; USB, Flagstar, Freddie, and GMAC news; Treasury purchase program ends
Fri, Oct 30 2009, 8:33 AM
Fri, Oct 30 2009, 8:20 AM
Upbeat earnings and the +3.5% GDP report helped US stocks jump around 2% yesterday, though the gains weren’t enough to wipe out losses from earlier in...
Fri, Oct 30 2009, 5:35 PM
Fri, Oct 30 2009, 3:47 PM
Heading into the 5pm 'LENDERS ARE REPRICING' marking period....the FN 4.0 is +0-14 at 98-20 yielding 4.143% and the FN 4.5 is trading +0-13 at 101-0...
Fri, Oct 30 2009, 2:13 PM
Thu, Oct 29 2009, 12:58 PM
Mortgage rates fell a few basis points yesterday as benchmark Treasury yields moved lower in the range. The extended rally in the rates market helped ...
Thu, Oct 29 2009, 11:43 AM
As the session has progressed, stocks have meandered higher and the benchmark rates market has consistently weakened as traders gladly welcomed the op...
Thu, Oct 29 2009, 9:38 AM
Price Bubbles 101; Tax Credit Update; Updates from BofA & USB
Thu, Oct 29 2009, 8:57 AM
The bond market's reaction to 830AM data was not originator friendly. Cash market TSY yields are higher. The 10yr TSY note is trading -0-15 at 101-1...
Thu, Oct 29 2009, 7:52 AM
quities were slashed yesterday after the new home sales report posted an unexpected 3.6% decline for September. The S&P 500 fell 1.95%, the Nasdaq she...
Thu, Oct 29 2009, 6:00 PM
Thu, Oct 29 2009, 3:33 PM
Thu, Oct 29 2009, 3:00 PM
The Federal Reserve today reported on their weekly purchases of agency mortgage-backed securities (MBS). In the five trading days between October 22 a...
Thu, Oct 29 2009, 2:59 PM
Mortgage rates for the last week have remained relatively unchanged according to information released by Freddie Mac from its weekly Primary Mortgage ...
Thu, Oct 29 2009, 1:45 PM
Thu, Oct 29 2009, 1:15 PM
While we generally try to avoid getting caught up in political poo throwing, we know many are anxiously awaiting news from Capitol Hill regarding the ...
Thu, Oct 29 2009, 1:03 PM
Wed, Oct 28 2009, 11:28 AM
Following the seemingly bottomless rates selloff that occurred on Monday, benchmark Treasury and MBS prices underwent a corrective rally yesterday. Bu...
Wed, Oct 28 2009, 11:15 AM
The FN 4.0 is +0-10 at 98-15 yielding 4.159% while the FN 4.5 is trading 7/32nds higher at a bid of 100-30 yielding 4.387%. The secondary market curre...
Wed, Oct 28 2009, 9:43 AM
FHA video; New Apps Dropping; Citi and Flagstar Updates; Rates Improving
Wed, Oct 28 2009, 9:34 AM
Currently the FN 4.0 is trading +0-04 at 98-09 yielding 4.178% and the FN 4.5 is +0-02 at 100-25 yielding 4.406%. The secondary market current coupon ...
Wed, Oct 28 2009, 8:09 AM
Shares in the S&P 500 have fallen for three consecutive days and on Wednesday futures are extending those losses ahead of fresh data and more Q3 earni...
Wed, Oct 28 2009, 7:26 AM
In last week's release, which reported data for the week ending October 16, mortgage application activity fell 13.7% as mortgage rates rose from 5.02%...
Wed, Oct 28 2009, 5:35 PM
Wed, Oct 28 2009, 3:42 PM
This month single family new home sales fell for the first time since March. The annual pace of new homes sales was 402,000 sales per year, well below...
Wed, Oct 28 2009, 3:42 PM
Wed, Oct 28 2009, 2:56 PM
Most search engines provide two different unpaid areas where your business can appear: local business listings and web page results. Having a searc...
Wed, Oct 28 2009, 1:20 PM
After an initial "knee jerk" move lower in price, the rates market is back to its best levels of the day. The 10yr note is currently +0-10 yielding 3....
Tue, Oct 27 2009, 12:12 PM
This month, the S&P Case Shiller Home Price Index continued to improve as prices in 17 of 20 metro cities increased in August, albeit at a slower pace...
Tue, Oct 27 2009, 11:20 AM
The FN 4.0 is currently +0-10 at 97-27 yielding 4.223% while the FN 4.5 is +0-08 at 100-16 yielding 4.442%. The secondary market current coupon is 4.4...
Tue, Oct 27 2009, 11:14 AM
Mortgage rates were pushed higher yesterday after benchmark Treasury yields moved higher, outside the well defined range that has kept rates relativel...
