October 2017 - MBS Commentary

Place your ad here

Latest Video

NAHB Sees Lopsided Growth in Housing Starts; Fannie Turning Bearish; Rates Behind the Curve

Published: 7/20/2018

VIEW | SUBSCRIBE | ARCHIVE

Comments

Latest Questions

Channel Options ↓ More

MBS Commentary Headlines

RSS

EMAIL ALERTS

News » MBS Commentary

Home » News Headlines » MBS Commentary Home

Thomson Reuters MBS Aggregations
Gain access to a powerful search engine and most accurate and timely mortgage industry originator and servicer rankings. Explore More »

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

Sort by: Most Recent | Most Viewed | Most Commented

MBS Day Ahead: Bonds Back on The Ropes

Comments (0)

Read More

by Matthew Graham on October 20 2017, 9:38 AM

It's a crappy day. Sorry to use such an esoteric analytical term, but it's the most accurate way to describe the outlook. So what changed? Long story short, we'd been in a narrow, consolidative range since late September. That range had a...
MBS RECAP: Catalonia (or China!) Helped Early; Powell Saved The Day

Comments (0)

Read More

by Matthew Graham on October 19 2017, 5:11 PM

It was a pretty interesting session for how narrow the range continues to be in bond markets--interesting both for bonds themselves and for the analysts scrambling to make sense of the movement. Apart from last Friday's CPI data, there hasn't...
MBS Day Ahead: 2 Simple Lines Means Bonds Stay In The Game

Comments (0)

Read More

by Matthew Graham on October 19 2017, 8:34 AM

The past 3 days were disconcerting for bond markets--especially yesterday, which saw yields move higher at their quickest pace in two weeks. This threatened to reverse the positive trend that looked like it was confirmed by last Friday's CPI-driven...
MBS RECAP: Stronger Selling and Lighter Volume Raise Doubts

Comments (0)

Read More

by Matthew Graham on October 18 2017, 4:58 PM

Everything seemed so simple last Friday when bonds were surging past technical barriers in strong volume--ostensibly ringing the dinner bell for more bond buying. The fact that everything seemed so simple was also the biggest risk. Perhaps it was "too...
MBS Day Ahead: Time For That Mid-October Craziness in Bonds

Comments (0)

Read More

by Matthew Graham on October 18 2017, 9:43 AM

Ah mid-October... All too often in the 2009-2014 time frame, we'd seen abrupt reversals of trends at this time of month. We haven't really been on the lookout for that old behavior because 2014 seemed to mark a shift in that trend. 2014 itself...
MBS RECAP: Bonds Scramble Back to Unchanged, Leaving Outlook Cloudy

Comments (0)

Read More

by Matthew Graham on October 17 2017, 4:52 PM

Treasuries and MBS have spent the past 2 days trading well inside the range set by last Friday's volatility (big rally following CPI data). Unfortunately, the central tendency during those 2 days has been toward moderately weaker levels. This casts...
MBS Day Ahead: Quickly Becoming a Battle to Remain in a Friendly Trend

Comments (0)

Read More

by Matthew Graham on October 17 2017, 9:18 AM

As we discussed last week, the positive technical signals don't get much clearer than they did after Friday's CPI data (weak inflation helped bonds break a floor that had been stubbornly holding for several weeks. At the time, the biggest risk...
MBS RECAP: Political Headlines Cause Volatility in a Narrow Range

Comments (0)

Read More

by Matthew Graham on October 16 2017, 5:01 PM

If the only things you could observe about today's bond trading were volumes and "buy vs sell," there were a few moments where things got fairly interesting --especially after 2pm. That's when the biggest volume and the biggest movement...
MBS Day Ahead: Bonds Can Absorb Some Weakness Without Derailing The Trend

Comments (0)

Read More

by Matthew Graham on October 16 2017, 9:27 AM

It looks like it will be touch and go for bonds as the week begins. If yields or technicals touch certain overhead ceilings, you should go lock your loans. If you're up to speed on Friday's technical victory, you're equipped to understand...
MBS RECAP: Bonds Bounce Big After Weak Inflation Report

Comments (0)

Read More

by Matthew Graham on October 13 2017, 4:30 PM

There was a time--in fact, there was a stretch of several years--when inflation-related reports just didn't matter . I would have been the first to tell you that (and often was), even as those with a more conventional approach to market analysis would...
MBS Day Ahead: All Rise! The Judge is In

Comments (0)

Read More

by Matthew Graham on October 13 2017, 8:18 AM

My apologies to baseball fans, both of you. The "judge" in today's case is this morning's CPI (Consumer Price Index) data. Bonds have been deliberating all month about whether to make an attempt to break above 2.40% or bounce back into...
MBS RECAP: Bonds Starting to Gather Momentum Again

Comments (0)

Read More

by Matthew Graham on October 12 2017, 8:04 PM

Bond markets are matching their best 3-day performance in over a month with today's stronger closing levels. Unlike the previous examples, the current 3 days have resulted in the biggest move lower in yields from the previous day's highs. Pretty...
MBS Day Ahead: Still Waiting For The Trading Week to Start (Tomorrow)

Comments (0)

Read More

by Matthew Graham on October 12 2017, 9:04 AM

CPI, CPI, CPI... The "Consumer Price Index" is the one thing on this week's economic calendar that stood out as a top tier potential market mover. After a few revisions, the lowest-in-years reading of 1.6% for "Core CPI" became...
MBS RECAP: Well? Get On With It!

Comments (0)

Read More

by Matthew Graham on October 11 2017, 5:34 PM

"Well? Get on with it!" That about sums up what the average bond market watcher was thinking at the end of September--and possibly again after today's trading session. At the end of September, a run toward higher yields resumed abruptly...
MBS Day Ahead: Not Much to be Learned From Fed Minutes

Comments (0)

Read More

by Matthew Graham on October 11 2017, 8:50 AM

On both MBS Live and Mortgage News Daily, there's a video in the news stream titled "Key things to watch in the Fed minutes." The commentator rather emphatically says there are 3 important things: " inflation, inflation, and inflation...

< Previous 1 2 3 Next >

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.

»Start a Two Week Risk Free Trial

More From MND

Pipeline Press

Flood, Volcano, Hurricane, and Disaster News; Lender...

A Small Business Administration analysis found that about 90 percent of the country’s damage costs from natural disasters happen in ZIP codes with...
MBS Commentary

MBS RECAP: Key Technical Ends Up Providing Support

If you are an MBS Live member, today's recap has already been written in this update and in The Huddle . Non-MBS Live members can get a pretty solid...
Mortgage Rate Watch

Mortgage Rates Back to Flat After Starting Higher

Mortgage rates had a scare today, as they began the day at their highest levels of the month (depending on the lender) only to fall back in line with yesterday...
MND NewsWire

Libor - Not Exactly an Obituary, But...

A group of financial experts is scheduled to meet at on Thursday to make funeral arrangements for Libor . In case you hadn't heard, the London interbank...
MND NewsWire

FHFA Ruled Unconstitutional, but Net Sweep Prevails

Yet another federal court has rebuffed shareholders hoping to recover some value from their investments in the government sponsored enterprises (GSEs)...
MBS Commentary

MBS Day Ahead: What Happens If Bonds Break This Ceiling...

This primer (and this one , and this one ) will be useful for digesting the following, if you haven't read it before. For those paying any sort of...
Pipeline Press

LO Training and Conferences; Teams With Different Comp...

“Rob, are you hearing, now that the CFPB is perceived to have lost its teeth, that some lenders are providing their loan officers two different rate...
MND NewsWire

Purchase Share and Interest Rates Creep up, Hit New...

The share of closed loans for home purchases ticked up another point in June, to 71 percent. While Ellie Mae has only tracked data since 2011, this represents...
MBS Commentary

MBS RECAP: Bonds Back at Range Boundary

After holding the same sideways range since June 27th, 10yr Treasury yields finally knocked on the 2.88+ ceiling for the 2nd time (the previous attempt...
Mortgage Rate Watch

Mortgage Rates Flat Again, Despite Modest Market Weakness

Mortgage rates were flat again today, further prolonging a trend that's been in place for weeks. During that time, we've seen modest ups and downs, but...
MND NewsWire

Millennial Homeownership Headwinds Worrisome for Future

It is the largest generation in U.S. history and Millennials may also set a record as the one whose behaviors have been most heavily researched. Despite...
MND NewsWire

Housing Permits Soften, Starts Plummet

All three measures of residential construction activity performed poorly in June , and the two most closely watched numbers, construction permits and housing...
MBS Commentary

MBS Day Ahead: Bonds Increasingly Threatened by Momentum...

Fed Chair Powell will deliver round 2 of his congressional testimony today, this time at the House FSOC (yesterday was with the Senate Banking Committee...
Pipeline Press

Pricing, Efficiency, and Operations Products; California...

“Your loan officer should be given the opportunity to succeed elsewhere.” Ever heard a CEO recommend that to a branch manager regarding a poorly...
MND NewsWire

Mortgage Applications: Decline in Purchases Offset...

Refinancing made a tiny bit of a comeback during the week ended July 13. Both the Refinancing Index, a component of the Mortgage Bankers Associations ...
MBS Commentary

MBS RECAP: Limited Reaction to Powell Testimony; Stocks...

Fed Chair Powell fielded questions from the Senate Banking Committee today as a part of the 2-day semi-annual congressional testimony often referred to...
Mortgage Rate Watch

Same Old Story For Mortgage Rates

Mortgage rates were generally unchanged today, prolonging an exceptionally flat trend. Over the past 3 weeks, the average mortgage seeker will not have...
MND NewsWire

Builder Confidence: Strong but Unchanged, Material...

As analysts had expected, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) remained at 68 this month. The reading...
MBS Commentary

MBS Day Ahead: 2018 Rate Hike Odds Provide Backdrop...

Fed Chair Powell begins 2 days of semi annual congressional testimony today with the Senate Banking Committee at 10am. In recent years, this testimony...
MND NewsWire

Builders Heeding Advice to Go West. Or South

The National Association of Home Builders (NAHB) has plucked more information from the Census Bureau's Survey of Construction (SOC), this time to paint...

Mortgage Rates:

30 Yr FRM 4.63%
|
15 Yr FRM 4.13%
|
Jumbo 30 Year Fixed 4.50%

MBS Prices:

30YR FNMA 4.5 103-29 (-0-05)
|
30YR FNMA 5.0 105-22 (-0-04)
|
30YR FNMA 5.5 106-25 (-0-03)

Recent Housing Data:

Mortgage Apps -2.60%
|
Refinance Index -3.69%
|
Purchase Index -1.98%

FREE MEMBERSHIP

MBS LIVE!

MORE INFO

NEWS

MARKET DATA

MARKETPLACE

PRESS CENTER

COMMUNITY

STAY CONNECTED

Our Story

Founded in 2004, Mortgage News Daily has established itself as a leader in housing news, analysis and data. Our innovative social media platform combines industry leading content and data with an active community of industry professionals, to accomplish our primary goal - keeping our readers informed.

Total Members

162,367

Subscribe to Our Newsletter

Follow On Your Mobile Device

Subscribe To RSS

Follow On Twitter

Follow On Facebook

Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS

All Content Copyright © 2003 - 2018 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.