Mon, Oct 1 2012, 11:43 AM
MBS Live : MBS Morning Market Summary
October is a historically ominous month for bond markets, and while the last three years of negativ...
Mon, Oct 1 2012, 8:12 AM
While MBS have essentially maintained their QE3 sugar rush , Treasuries have taken the past two weeks to make an orderly move back to the same " safe...
Mon, Oct 1 2012, 4:11 PM
MBS Live : MBS Afternoon Market Summary
While Treasuries faced a major (relative) set-back with the stronger-than-expected ISM data on Mo...
Mon, Oct 1 2012, 2:19 PM
Mortgage rates moved gently lower to begin the week (and month), ending a two day run toward higher rates on Thursday and Friday. Trading levels i...
Fri, Sep 28 2012, 12:43 AM
After stringing together 8 sessions closing unchanged or improved vs the previous close, Treasuries and MBS both gave up some ground on Thursday. W...
Fri, Sep 28 2012, 11:32 AM
MBS Live : MBS Morning Market Summary
Bond markets improved overnight but began giving up ground shortly after 9am. The weakness wasn't...
Fri, Sep 28 2012, 4:23 PM
MBS Live : MBS Afternoon Market Summary
After opening in stronger territory and continuing some of that strength through the first round ...
Fri, Sep 28 2012, 3:34 PM
After breaking an impressive streak of improvement yesterday, Mortgage rates are higher again on Friday , but at a slower pace. Additionally, ther...
Thu, Sep 27 2012, 11:57 AM
MBS Live : MBS Morning Market Summary
Depending on how long you've been watching market movements and keeping track of changes in mortgage rat...
Thu, Sep 27 2012, 6:56 AM
Wednesday saw more all-time highs for MBS, but in this version, the winning streak gave a more convincing impression that the booster rockets provid...
Thu, Sep 27 2012, 4:34 PM
MBS Live : MBS Afternoon Market Summary
Production MBS have closed flat or higher for 8 straight sessions until finally pulling back toda...
Thu, Sep 27 2012, 3:10 PM
Mortgage rates finally broke their unprecedented winning streak on Thursday as rates moved higher for the first time since the Fed announced it...
Wed, Sep 26 2012, 11:46 AM
MBS Live : MBS Morning Market Summary
Bond markets rolled into the morning already in slightly better territory after an overnight session ...
Wed, Sep 26 2012, 7:44 AM
Qualitative assessments of probable future behavior have been risky propositions when it comes to markets, but today's session looks like it will be...
Wed, Sep 26 2012, 4:35 PM
MBS Live : MBS Afternoon Market Summary
Since yesterday afternoon, Treasuries have rallied more effectively than MBS. It's been a good,...
Wed, Sep 26 2012, 2:50 PM
The extent to which Mortgage rates have fallen since the Fed's QE3 announcement is nothing short of astonishing . Beginning on the day of the QE3 ...
Tue, Sep 25 2012, 11:22 AM
MBS Live : MBS Morning Market Summary
MBS are at their weakest levels of the morning. Taken out of context, that could come across as di...
Tue, Sep 25 2012, 7:36 AM
Monday's session was odd, but enjoyable for MBS devotees. We'd be hard pressed to cite one significant driver of trade other than the simple fact t...
Tue, Sep 25 2012, 4:13 PM
MBS Live : MBS Afternoon Market Summary
Bond markets walked in the door in stronger territory and promptly began a mild, yet determined ...
Tue, Sep 25 2012, 2:47 PM
Mortgage rates surged lower again today , continuing an ongoing push into lower all-time lows . Although bond markets in general moved lower in ra...
Mon, Sep 24 2012, 11:18 AM
MBS Live : MBS Morning Market Summary
It's been an exceptionally slow morning for US trading with the more meaningful movement seen over...
Mon, Sep 24 2012, 7:33 AM
You name it and this week has more of it. Compared to last week, which had very little by way of economic data, no Treasury auctions, and no major ...
Mon, Sep 24 2012, 4:43 PM
MBS Live : MBS Afternoon Market Summary
Yet again, MBS traded in a remarkably narrow trading range given the all-time high price levels. Tre...
Mon, Sep 24 2012, 2:05 PM
Mortgage rates begin the week at new all-time lows yet again after falling significantly from last week's series of previous all-time lows. Mark...
Fri, Sep 21 2012, 12:01 PM
MBS Live : MBS Morning Market Summary
When Fannie 3.0s first started trading just under a year ago, they did so within a 1 point range of...
Fri, Sep 21 2012, 8:22 AM
In yesterday's MBS Recap , we noted a general repetition of the previous sessions trading patterns, volume, and volatility. In fact, each day this w...
Fri, Sep 21 2012, 4:19 PM
MBS Live : MBS Afternoon Market Summary
Production MBS--Fannie 3.0's in this case--hit all time highs for a 2nd Friday in a row, still ba...
Fri, Sep 21 2012, 2:17 PM
Mortgage rates began moving lower last Thursday and since then have fallen every single day, crossing into new all-time lows in the process. Toda...
Thu, Sep 20 2012, 11:53 AM
MBS Live : MBS Morning Market Summary
Even if we can't be sure that today's trading will end up the same as yesterday's, it has at least b...
Thu, Sep 20 2012, 7:17 AM
Wednesday's data proved to be largely inconsequential, either because it wasn't what bond markets were interested in or simply because they were more...
Thu, Sep 20 2012, 4:29 PM
MBS Live : MBS Afternoon Market Summary
With the arrival of slightly more important pieces of data and events, volume picked up slightly ...
Thu, Sep 20 2012, 2:45 PM
Mortgage rates have moved lower every day this week. Today's move was even more pronounced than yesterday's, carrying rates decisively into NEW al...
Wed, Sep 19 2012, 11:46 AM
MBS Live : MBS Morning Market Summary
Volumes are finall y creepi ng higher than the eerily slow first two days of the week and things have...
Wed, Sep 19 2012, 7:27 AM
To hear the story told by NAHB's index yesterday, the housing market is in the best shape since June 2006 --the major caveat being that sales EXPE...
Wed, Sep 19 2012, 4:12 PM
MBS Live : MBS Afternoon Market Summary
If we must be " drifting " at the moment, there are certainly worse ways to go about it. The curre...
Wed, Sep 19 2012, 2:54 PM
Mortgage rates moved lower yet again on Wednesday. Given that yesterday's average rates were already inching into ALL-TIME low territory, today'...
Tue, Sep 18 2012, 11:50 AM
MBS Live : MBS Morning Market Summary
While the overnight session saw increased volume and movement, the domestic session has been broadly ...
Tue, Sep 18 2012, 7:57 AM
It's an admittedly light week in terms of domestic economic data. Not only are the reports few, but those we do get aren't the most urgent market m...
Tue, Sep 18 2012, 4:29 PM
MBS Live : MBS Afternoon Market Summary
It's still possible to count the number of days where Fannie 3.0s have closed over 104-00 without using t...
Tue, Sep 18 2012, 1:25 PM
Mortgage rates moved slightly lower again today. Much like yesterday, not all lenders' rates were better and a few were priced marginally worse. I...
Mon, Sep 17 2012, 11:37 AM
MBS Live : MBS Morning Market Summary
Even with Japan out for the day and the Rosh Hashanah holiday, today still manages to feel slo...
Mon, Sep 17 2012, 7:45 AM
Markets only had one day to digest the landmark QE3 announcement last week which saw the Fed roll out open-ended large scale purchases of newly or...
Mon, Sep 17 2012, 4:24 PM
MBS Live : MBS Afternoon Market Summary
Looking over the calendar of events (and holidays) at home and abroad today, we were expecting things to ...
Mon, Sep 17 2012, 2:45 PM
Mortgage rates moved slightly lower today in most cases, though some lenders rates were marginally higher today. On average, rates are once again i...
Fri, Sep 14 2012, 11:47 AM
MBS Live : MBS Morning Market Summary
MBS briefly made new all time highs earlier this morning but rapidly backed off as bond markets sol...
Fri, Sep 14 2012, 7:03 AM
After yesterday's massive QE3-inspired rally took production MBS to NEW ALL TIME HIGHS , it might seem a bit anticlimactic to wade through a relative...
Fri, Sep 14 2012, 4:29 PM
MBS Live : MBS Afternoon Market Summary
It was a heavy day of selling for Treasuries and only a slightly less heavy day of selling for MB...
Fri, Sep 14 2012, 2:57 PM
Mortgage rates moved slightly lower today after falling significantly on the Fed's policy announcement yesterday. The drop in rates today is somewh...
Thu, Sep 13 2012, 12:46 PM
Release Date: August 1, September 13, 2012
For immediate release
Information received since the Federal Open Market Committee met in June ...
Thu, Sep 13 2012, 11:28 AM
MBS Live : MBS Morning Market Summary
The crowd has fallen silent well in advance of today's highly anticipated FOMC Announcement. Volum...