Thu, Aug 11 2011, 11:15 AM
MBSonMND : MBS MID-DAY
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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
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FNMA 3.5
100-25 : -0-31
...
Wed, Aug 10 2011, 11:15 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
101-23 : +0-25
...
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...
Wed, Aug 10 2011, 6:40 PM
We experienced some wild price swings today but consumer borrowing costs improved in the end. In many cases those improvements were significant.
C...
Wed, Aug 10 2011, 4:15 PM
MBSonMND : MBS RECAP
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FNMA 3.5
102-07 : +1-09
...
Tue, Aug 9 2011, 11:16 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Tue, Aug 9 2011, 8:19 AM
An early read from morning markets suggests the equity unraveling might be over, but much depends on the monetary policy announcement from the Federal...
Tue, Aug 9 2011, 4:57 PM
We've used the word "nuts" in the past to describe extra volatile movements in the mortgage market, but today takes the cake. Many market records wer...
Tue, Aug 9 2011, 4:16 PM
MBSonMND : MBS RECAP
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FNMA 3.5
100-20 : +0-23
...
Mon, Aug 8 2011, 9:48 AM
Rise and Shine. S&P cut the U.S. credit rating and the world is not imploding!
This is what MG wrote this AM for our MBSonMND community. It's a g...
Mon, Aug 8 2011, 7:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Mon, Aug 8 2011, 6:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Mon, Aug 8 2011, 4:15 PM
Last week the intense rally in bond markets helped mortgage rates reach
their best levels of the year, but the rally came to an end on Friday. Then ...
Sun, Aug 7 2011, 8:32 PM
By now you've likely heard the news. The childish behavior of our nation's political "leadership" has led to the first ever downgrade of the U.S. cred...
Fri, Aug 5 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
99-19 : -0-29
...
Fri, Aug 5 2011, 11:17 AM
The Bureau of Labor Statistics has released the July Employment Situation Report (after a 30 minute delay).
Total nonfarm payroll
employment ...
Fri, Aug 5 2011, 8:26 AM
The risk of a double-dip recession is on the markets' mind this morning after Thursday's violent sell-off. The early morning employment report will b...
Fri, Aug 5 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Fri, Aug 5 2011, 3:32 PM
To put it bluntly, not good...
Home loan borrowing costs moved higher after a better than expected jobs report this morning. The one-week winning s...
Thu, Aug 4 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
99-30 : +0-20
...
Thu, Aug 4 2011, 8:29 AM
Wednesday's fast-trading volatile session ended with some respite as Treasuries finished where they began and equities turned slightly upwards, but th...
Thu, Aug 4 2011, 4:44 PM
The craziness continues...
Mortgage rates and most things related to bonds have
ventured back into record setting territory. Stock markets are at ...
Thu, Aug 4 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
100-16 : +1-05
...
Thu, Aug 4 2011, 3:04 PM
Short covering has played a pivotal role in the surprisingly strong rates rally we've enjoyed over the past 5 sessions.
"Short covering" is when...
Wed, Aug 3 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
99-18 : +0-15
...
Wed, Aug 3 2011, 8:50 AM
Markets are calm in early trading following a massive flight to quality and equity sell-off on Tuesday. Treasuries weakened modestly overnight before ...
Wed, Aug 3 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
99-09 : +0-07
...
Wed, Aug 3 2011, 4:18 PM
Mortgage rates rallied again today and consumer borrowing costs drifted a little lower.
Deciding whether or not to lock a loan between now and the ...
Wed, Aug 3 2011, 3:51 PM
We've been waiting for this moment for almost 9 months. It has finally come. Beware, there's gonna be some "horn tootin" in this commentary...
From...
Tue, Aug 2 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
98-23 : +0-17
...
Tue, Aug 2 2011, 8:31 AM
A bearish growth outlook remains the dominant theme even as the Senate prepares to vote on a bill, already passed by the House, to raise the debt ceil...
Tue, Aug 2 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
99-03 : +0-29
...
Tue, Aug 2 2011, 2:58 PM
Mortgage rates rallied again today, extending their winning streak to four straight sessions. Positive progress has not been modest either. Improvemen...
Mon, Aug 1 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
98-07 : +0-15
...
Mon, Aug 1 2011, 9:16 AM
Equity markets are rallying and bond yields are slightly higher after President Obama late Sunday stated that leaders of both parties reached an agree...
Mon, Aug 1 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
98-06 : +0-14
...
Mon, Aug 1 2011, 4:02 PM
Mortgage rates improved last week amidst an atmosphere of major market uncertainty.
It wasn't until Friday though, after exceedingly weak economic...
Fri, Jul 29 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
97-18 : +0-27
...
Fri, Jul 29 2011, 8:31 AM
Treasuries are even stronger and equities continue to struggle Friday morning after the House postponed voting on Speaker Boehner's deficit-reduction ...
Fri, Jul 29 2011, 6:14 PM
I have some unexpected good news
Amidst an atmosphere of major market uncertainty, consumer borrowing costs improved significantly today. Enough ...
Fri, Jul 29 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
97-23 : +0-32
...
Thu, Jul 28 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
96-20 : +0-15
...
Thu, Jul 28 2011, 8:28 AM
Markets having seemingly stabilized again following a disastrous day in equities on Wednesday. Political noise in Washington remains the dominant them...
Thu, Jul 28 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
96-22 : +0-17
...
Thu, Jul 28 2011, 3:57 PM
The theme of volatility is ongoing. Loan pricing has moved in the opposite direction from the previous day for 6 sessions in a row now.
The increas...
Wed, Jul 27 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
96-10 : -0-08
...
Wed, Jul 27 2011, 8:24 AM
The bond market remains steady despite continued uncertainty regarding the U.S. debt ceiling and a possible sovereign credit downgrade.
The benchma...
