Mon, May 23 2011, 4:09 PM
Home loan borrowing costs continue to hover near six month lows.
Continued improvements have however been hard to come by since the
recent rally h...
Fri, May 20 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-31 : +0-03
...
Fri, May 20 2011, 9:00 AM
Treasuries are strengthening Friday morning on the back of uncertain global markets. The benchmark 10-year yield is at 3.15% in early trading, a firm...
Fri, May 20 2011, 4:52 PM
Home loan borrowing costs improved slightly today but remain well
within the recent range.
CURRENT MARKET : The "Best Execution" conventional 30...
Fri, May 20 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-30 : +0-02
...
Thu, May 19 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-24 : -0-05
...
Thu, May 19 2011, 8:29 AM
Treasuries continue to back up as investors bet on equities making a rebound. The benchmark 10-year Treasury is yielding 3.19% in early trading, vers...
Thu, May 19 2011, 5:23 PM
Although borrowing costs rose today, the newly updated Best-Execution
mortgage rate offering we discussed on Wednesday
remains unchanged. ...
Thu, May 19 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-28 : +0-00
...
Wed, May 18 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-04 : -0-09
...
Wed, May 18 2011, 10:29 AM
"Rate sheet influential" MBS coupons have fallen to new intraday lows as stocks have risen to new intraday highs.
This is poor timing as many lock...
Wed, May 18 2011, 8:57 AM
Treasuries are trading near fresh calendar year highs this morning. Little data comes out today until the FOMC minutes are released in the mid-afterno...
Wed, May 18 2011, 4:50 PM
Although borrowing costs rose today, the newly updated Best-Execution mortgage rate offering we discussed yesterday remains unchanged. Unfortunat...
Wed, May 18 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
95-29 : -0-16
...
Wed, May 18 2011, 4:01 PM
The main observation we take away from the FOMC Minutes : UNCERTAINTY OVER THE IMPACT OF RISING ENERGY PRICES
Here is a brief recap of the int...
Tue, May 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-19 : +0-09
...
Tue, May 17 2011, 8:26 AM
Rates are mostly unchanged amid light trading volume as investors await new housing and industrial production figures. Debt concerns in Europe are s...
Tue, May 17 2011, 4:28 PM
The mortgage rate "wall" is beginning to crack.
Unlike previous sessions where borrowing costs didn't rally enough to affect the position of the ...
Tue, May 17 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-13 : +0-04
...
Mon, May 16 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-32 : -0-06
...
Mon, May 16 2011, 9:05 AM
Both fixed income and equity markets are worse off to start the week.
The cause of uncertainty is a strange one - IMF chief Dominique Strauss-Kah...
Mon, May 16 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-10 : +0-05
...
Mon, May 16 2011, 3:49 PM
Mortgage rates failed to improve last week and home loan borrowing costs moved mostly sideways. On Friday we said rates had hit a wall . Today tha...
Mon, May 16 2011, 1:35 PM
It's been a slow session but MBS prices have reversed course and gone green. Recalls and reprices for the better are possible.
Here is a progressi...
Fri, May 13 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-06 : +0-09
...
Fri, May 13 2011, 11:04 AM
The Bureau of Labor Statistics released the Consumer Price Index for March 2011 this morning. The Consumer Price Indexes (CPI) program produces mo...
Fri, May 13 2011, 8:29 AM
The Treasury market is mixed this morning as broader sentiment picked up following stronger-than-anticipated Euro area GDP results. The two-year Trea...
Fri, May 13 2011, 4:51 PM
Home loan borrowing costs have hit a wall.
Since reaching the best
levels of the year on Friday of last week, rates have been unable to
improve ...
Fri, May 13 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-05 : +0-08
...
Thu, May 12 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-03 : +0-00
...
Thu, May 12 2011, 10:34 AM
President Obama was on CBS
this morning discussing the state of the
U.S. economy. In the Q&A session Obama cited a weak housing
market and ...
Thu, May 12 2011, 8:27 AM
Interest rates continue to wait in limbo as risk markets weigh the
economic impact of expensive food & energy costs in an
environment that offers ...
Thu, May 12 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, May 12 2011, 4:10 PM
Best-Execution mortgage rates are unchanged vs. yesterday's offerings.The closing costs tied to those
rates actually moved marginally lower today. Th...
Thu, May 12 2011, 1:49 PM
Treasury just auctioned $16bn 30 year bonds. Things didn't go well. Rates are on the rise. Quickly...
Benchmark just broke overhead support and
...
Wed, May 11 2011, 12:01 PM
After rallying consistently for two weeks bonds have reached overbought status, making upcoming debt auctions and economic events that much more impor...
Wed, May 11 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-21 : -0-04
...
Wed, May 11 2011, 8:12 AM
Interest rates rose yesterday as stocks rallied and bond investors made room for today's $24 billion 10-year Treasury note auction.
Equity future...
Wed, May 11 2011, 5:15 PM
Despite some volatility earlier in the day, Best-Execution mortgage rates
and borrowing costs are unchanged vs. yesterday's offerings.
After spen...
Wed, May 11 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, May 11 2011, 2:15 PM
Treasury just auctioned $24 billion 10-year notes . Every bid below 3.210% was accepted by Treasury, which was 1.9bps below where the market had p...
Tue, May 10 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-12 : -0-04
...
Tue, May 10 2011, 8:16 AM
Benchmark interest rates traveled higher early in in the overnight session after positive data from China set global equity markets on an upward path....
Tue, May 10 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-02 : -0-14
...
Tue, May 10 2011, 3:46 PM
After spending the first four months of 2011 in a tight range, the primary
mortgage market is still in the midst of a potentially significant shift l...
Tue, May 10 2011, 3:27 PM
May Freddie and Fannie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted.
WHY??? ...
Tue, May 10 2011, 1:56 PM
Treasury auctioned $32bn 3s. The bid to cover ratio, a measure of auction demand, was 3.29 bids submitted for every one accepted by TSY. That is ...
Mon, May 9 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-17 : +0-02
...
Mon, May 9 2011, 9:16 AM
The monthly Employment Situation Report was expected to be the market's main focus last week, instead plunging commodities prices stole the show and p...
Mon, May 9 2011, 4:36 PM
Not only was today quiet in terms of trading volume, but there wasn't much directionality in charts either. Ranges were narrow and only tightened as t...
