May 2008 - MBS Commentary

Place your ad here

Latest Video

"Bernanke on Housing's Role in Recovery; Mortgage Rates Battle Back"

Published: 2/10/2012

View | Subscribe | Archive | Share

Comments

Kelcey Morange
Answers: 100
MisterVA
Answers: 94
Antonio Cibella
Answers: 81

Scenarios
Search

Channel Options ↓ More

MBS Commentary Headlines

RSS

EMAIL ALERTS

News » MBS Commentary

Home » News Headlines » MBS Commentary Home

SECONDARY MARKETING MANAGERS:

Gain access to the most accurate real-time back month TBA indications from Thomson Reuters and Tradeweb. LEARN MORE

MBS Basics: Part 1 | Part 2 | Part 3 | Part 4 | The Gut Flop

Sort by: Most Recent | Most Viewed | Most Commented

Some Selling, but Still Positive

Comments (0)

Read More

by Matthew Graham on May 30 2008, 8:01 PM

Take a look at yesterday's rates versus today's. If you are only .125 better, it is safe to keep floating, if you are .25 better, you might consider locking as we're fizzling out near the lows of the day.
After The Rest Of The News, Still Doing Well...

Comments (0)

Read More

by Matthew Graham on May 30 2008, 2:21 PM

The rest of the news: 1. University of Michigan Consumer Sentiment came in at 59.8, still at a 28 year low. Consumers expectations of future conditions including inflation are also at a 28 year low. 2. Chicago PMI came in at 49.1, slightly higher than...
The Important News Is In (it's good)

Comments (0)

Read More

by Matthew Graham on May 30 2008, 12:31 PM

Of course, it's way too early to tell where MBS will be by the time rates come out, but Incomes and Outlays report was just released in our favor. The 6.0% coupon is already up 8/32nds and the 5.5 is up 12/32nds. There's you breaking news, more to follow...
Some actual good news

Comments (0)

Read More

by Matthew Graham on May 29 2008, 7:53 PM

Quite the nice rebound in MBS this afternoon as we've recaptured almost half of the losses on the day. If you're lender is a laggard, they still may just be releasing a reprice for the worse. If their ahead of the curve the reprices should be hitting...
As stocks rise, MBS sells off deeper

Comments (0)

Read More

by Matthew Graham on May 29 2008, 5:05 PM

now down 25/32nds on the day. ouch... more reprices for the worse potential
Down, down, down

Comments (0)

Read More

by Matthew Graham on May 29 2008, 2:28 PM

Down 19/32nds now. If you got rates already, they may be changing for the worse soon.
The Hits Keep Coming (the bad hits)

Comments (0)

Read More

by Matthew Graham on May 29 2008, 1:25 PM

MBS are down sharply after this morning's data. 5.5% coupons are down 13/32nds on the day bringing us all the way down to 99-02. After yesterday's beating, which itself fell hard on the heels of a rough previous 3 days, we are down a total of 2 points...
Still Weak, Still Sliding

Comments (0)

Read More

by Matthew Graham on May 28 2008, 5:17 PM

There are only two kinds of lenders today: those that repriced for the worse and those that will. You may have gotten the first round after the last blog post. There is another round coming right now. We're off 22/32nds on the day on the 5.5% coupon now...
Bonds slipping

Comments (0)

Read More

by Matthew Graham on May 28 2008, 3:22 PM

perhaps a little too much selling pressure to keep floating. reprices for the worse potential.
Oil Greases the Slope and Durable Goods Push MBS off the Edge

Comments (0)

Read More

by Matthew Graham on May 28 2008, 2:06 PM

Though there are a few other economic reports today, two items dominate the tenor of the day: Durable Goods Orders and the trading price of Crude Oil. 1. Durable Goods This report measures purchasing by manufacturers which is a valuable and closely watched...
At the lows of the day on the 5.5 coupon

Comments (0)

Read More

by Matthew Graham on May 27 2008, 6:39 PM

we've dropped to 14/32nds negative on the day on the 5.5% coupon. Reprices for the worse are potential.
MBS Follow Treasuries Down, Mixed Data

Comments (0)

Read More

by Matthew Graham on May 27 2008, 2:14 PM

Take a look at the graph below and you can see that not only did we move a bit lower over the weekend, but the losses have extended to today. Even with stocks paring gains currently, MBS remains down by 11/32nds or so. So plan on at least .375 worse today...
MBS Extend Losses Over the Weekend

Comments (0)

Read More

by Matthew Graham on May 27 2008, 1:57 PM

5.5% Note is down 10/32nds.... more to follow...
Off The Highs (again)

Comments (0)

Read More

by Matthew Graham on May 23 2008, 5:39 PM

Floaters may want to consider locking unless you were going to try to ride the wave of negative data and stocks over the weekend. One potential feather in that hat is the fact that treasuries have had about DOUBLE the gains of MBS today. This leaves some...
holding the highs

Comments (0)

Read More

by Matthew Graham on May 23 2008, 4:52 PM

keep floating

1 2 3 4 5 Next > ... Last »

Discuss the MBS and Mortgage Markets on Our Streaming Dashboard

Discuss MBS and Mortgage Markets with Hundreds of Loan Officers on the MBS Live Streaming Dashboard.

»Watch Video
»Start a Two Week Risk Free Trial

	RSS - Subscribe to our Daily Rate Update RSS Feed.
	Twitter - Follow our Daily Rate Update on Twitter.
	Facebook - Follow our Daily Rate Update on Facebook.
	Bookmark - Bookmark our rates page and visit daily for updates.
	Mobile Apps - There's an App for this too. Learn more about our Mobile Apps.

More From MND