Tue, Sep 27 2011, 5:11 PM
Despite a bit of a bounce back late in the day, MBS sank to 102-00 in Fannie 3.5's by 3pm today. This was the highest that 3.5's traded the morning o...
Tue, Sep 27 2011, 4:50 PM
Mortgage Rates continued higher today with Best-Execution
rates about an eighth of a point higher.
There are
all sorts of challenges in the ...
Tue, Sep 27 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Sep 26 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Mon, Sep 26 2011, 8:39 AM
Treasuries are little changed from Friday's levels but the stock market, after losing more than 6% last week, is preparing to rebound in early trading...
Mon, Sep 26 2011, 5:03 PM
After two days of significant
improvements, Mortgage
Rates took a measured step back on Friday.
Best-Execution rates rose about an eighth of a ...
Mon, Sep 26 2011, 4:26 PM
A few charts for the afternoon... First, we'll take a look at a short term chart of 10yr note yields vs the S&P index. It's fairly common that we se...
Mon, Sep 26 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Sep 26 2011, 2:55 PM
The New York Fed released it's FAQS (frequently asked questions) on the reinvestment of Agency debt payments into MBS announced in Wednesday's FOMC St...
Fri, Sep 23 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Sep 23 2011, 8:52 AM
Treasuries are little changed this morning following the massive flattening of the yield curve that's taken place since Wednesday's FOMC statement. Eq...
Fri, Sep 23 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Sep 23 2011, 3:57 PM
After two days of significant improvements, Mortgage Rates took a measured
step back today. Best-Execution rates
rose about an eighth of a point...
Thu, Sep 22 2011, 11:20 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Sep 22 2011, 8:26 AM
Wednesday's FOMC announcement initiated a sell-off in U.S. equities that rippled across the globe overnight . U.S. equity futures are now responding ...
Thu, Sep 22 2011, 5:17 PM
After yesterday's FOMC Announcement, Mortgage Rates moved to all time
lows. The rally in bond markets extended
overnight and throughout today's tra...
Thu, Sep 22 2011, 4:27 PM
First of all, let's be clear: we're not saying 10yr yields are definitely going to 1.5%. But we've heard the news that some folks think it's possible...
Thu, Sep 22 2011, 4:20 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Sep 21 2011, 11:24 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Wed, Sep 21 2011, 8:20 AM
Market focus will be on the Federal Reserve today as traders wait to see whether the Fed will engage in further quantitative easing. The expectation...
Wed, Sep 21 2011, 5:16 PM
Yesterday we wrote: "Until we see proof that the Secondary Mortgage Market
can break higher than its recent highs, we're hesitant to outright PLAN on...
Wed, Sep 21 2011, 4:15 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Sep 21 2011, 3:03 PM
Here's the alert MBSonMND subscribers received shortly after the FOMC statement:
2:58 PM; Reprices for the Better Likely as FOMC Statement Ro...
Tue, Sep 20 2011, 11:19 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Tue, Sep 20 2011, 8:30 AM
Markets are a little more upbeat this morning as Treasuries reverse course from Monday and equity futures prepare for a rebound after shedding nearly ...
Tue, Sep 20 2011, 4:24 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Tue, Sep 20 2011, 2:46 PM
Some overnight news out of Europe did a small amount of damage to bond
markets earlier this morning and based on market levels, Mortgage
Rates wer...
Tue, Sep 20 2011, 2:13 PM
Ever since the abundance of data last Thursday morning, the general expectation has been for a decrease in volume and directionality heading into tomo...
Mon, Sep 19 2011, 11:19 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Mon, Sep 19 2011, 8:42 AM
Housing and monetary policy. Those are the themes dominating an otherwise light data docket this week. But investor focus could be more attuned to the...
Mon, Sep 19 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Sep 19 2011, 3:10 PM
Earlier this month, we asked what it might take to break the "concrete ceiling" in MBS. Then again we revisitied longer term MBS charts at the end ...
Mon, Sep 19 2011, 3:07 PM
Building on Friday's late day comeback, news out of Europe helped US Bond
Markets (Including the Secondary Mortgage Market) to walk in the door in
r...
Fri, Sep 16 2011, 11:19 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Sep 16 2011, 11:11 AM
Volatile couple of days for MBS... After a moderate day of losses yesterday, MBS were down again this morning, and with limited impact expected from ...
Fri, Sep 16 2011, 8:30 AM
Treasuries are a wee bit firmer and equity futures are lower as investors adopt a cautious stance after a four-day run.
The 10-year Treasury yield...
Fri, Sep 16 2011, 4:24 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Sep 16 2011, 2:51 PM
After a rough morning, the secondary mortgage market recovered enough to claw
back nearly to yesterday's levels. That
leaves borrowing costs requi...
Thu, Sep 15 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Sep 15 2011, 8:24 AM
European equity markets are up more than 2% and leading U.S futures higher as the market awaits five key data points this morning.
The 10-year Trea...
Thu, Sep 15 2011, 4:40 PM
The borrowing costs required for average Mortgage
Rates rose today, in some cases high enough to nudge the actual interest
rate an eighth of a poi...
Thu, Sep 15 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Sep 15 2011, 1:36 PM
To provide some background for the charts we're about to see, here's what we wrote this morning: "The 9am spike we can obviously attribute to the Euro...
Wed, Sep 14 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Wed, Sep 14 2011, 8:35 AM
Treasury yields are backing up and equity futures are looking to open higher despite two downgrades on French banks from Moody's and warnings from Chi...
Wed, Sep 14 2011, 4:52 PM
We talk about MBS having a tendency to lose ground at a gentler pace than Treasuries when bond markets in general are weakening. This "spread tighten...
Wed, Sep 14 2011, 4:26 PM
Although BestExecution Mortgage
Rates didn't improve today, there were generally some very slight improvements in the costs involved in obtainin...
Wed, Sep 14 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Tue, Sep 13 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Tue, Sep 13 2011, 10:09 AM
The "Stock Lever" is one of those concepts we reference fairly regularly here, but have you ever wondered how relevant it actually is? Could it be th...