May 2019 - MBS Commentary

Place your ad here

Latest Video

Real Story Behind Rate Volatility; Slower Forbearance Improvement; Origination Forecast

Published: 1/15/2021

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: Aggressively Friendly Range Breakout

Comments (1)

Read More

by Matthew Graham on May 31 2019, 8:34 AM

In the day just past, bonds traded an "outside day" (high and low yields of the day fell OUTSIDE the highs and lows from the previous day). This signals both indecision and volatility. In other words, bonds weren't sure which way to go,...
MBS RECAP: Big Snowball Rally For Bonds

Comments (0)

Read More

by Matthew Graham on May 31 2019, 4:56 PM

After at least 2 days of (or more) of relatively disconnected markets (i.e. trading levels weren't reliably following any single market mover), today is starkly different. There's one single elephant in Friday's room, or perhaps it's a...
MBS Day Ahead: Fed Announcement vs TED Announcement

Comments (0)

Read More

by Matthew Graham on May 01 2019, 9:04 AM

Although the 10am ISM Manufacturing Report can definitely have an impact on bonds today, The 2pm FED Announcement and 2:30pm press conference is the biggest to-do. There's effectively no chance that the Fed will make any change to its target interest...
Differences Between Previous and Current FOMC Statements

Comments (0)

Read More

by Matthew Graham on May 01 2019, 2:02 PM

Information received since the Federal Open Market Committee met in January March indicates that the labor market remains strong but and that growth of economic activity has rose slowed at from a its solid rate in the fourth quarter . Payroll Job employment...
MBS RECAP: Fed's Offsetting Penalties Leave Bonds Little-Changed

Comments (0)

Read More

by Matthew Graham on May 01 2019, 5:02 PM

The overnight session was very quiet for bonds with most major markets closed for various holidays. The first meaningful movement followed the ISM Manufacturing report's major miss (52.8 vs 55.0). This was the lowest since October 2016 and several...
MBS Day Ahead: There's Something About 2.50%

Comments (0)

Read More

by Matthew Graham on May 02 2019, 10:31 AM

2.50% has been more than just a reasonably round number marking the midpoint between 2.0% and 3.0% as far as 10yr Treasury yields are concerned. Actually, I take that back. That's exactly what it is, and that's exactly why it's been important...
MBS RECAP: Bonds Hit Top of Recent Range Ahead of Jobs Report

Comments (0)

Read More

by Matthew Graham on May 02 2019, 5:38 PM

Treasuries weakened today as traders continued to price out a friendly Fed. This wasn't necessarily destined to be the case after yesterday's Fed Announcement. That, in and of itself, wasn't too threatening to bonds. In fact, bot stocks and...
MBS Day Ahead: NFP and ISM Round Out Big Week of Data

Comments (0)

Read More

by Matthew Graham on May 03 2019, 8:22 AM

In the day just past, bonds sold off due to what appears to be market dissatisfaction with a hawkish message from the Fed. This largely came courtesy of Powell's press conference on Wednesday, but cues may also have been gleaned by the fact that one...
MBS RECAP: Bonds Scratch Out Modest Gains as Traders Book Profits

Comments (0)

Read More

by Matthew Graham on May 03 2019, 5:28 PM

Bond traders can book profits on bond purchases by selling, or on bond sales by buying. Today was characterized by the latter. Logically, traders bet on higher rates on Wednesday afternoon and again on Thursday morning as Powell delivered a far less friendly...
MBS Week Ahead: Sparse Data, Treasury Auctions, and Trade Tensions

Comments (0)

Read More

by Matthew Graham on May 06 2019, 8:59 AM

The week begins with bonds trading in much stronger territory thanks to a surprise US/China trade announcement from Trump over the weekend. This changes the tone for bonds heading into the week. Whereas it looked like yields may have been running into...
MBS RECAP: Token Rally on Trade Fears

Comments (0)

Read More

by Matthew Graham on May 06 2019, 5:13 PM

Today represented a classic example of the old market adage "buy the rumor, sell the news." It also offered two different takes on that strategy from the stock and bond markets. Ultimately, there was a twist by the end of the day. First off...
MBS Day Ahead: Calendar Still Sparse as Trade Remains in Focus

Comments (0)

Read More

by Matthew Graham on May 07 2019, 8:53 AM

In the day just past, a weekend Trump tweet announcing increased tariffs on China sent bond yields and stock prices much lower. Both bounced back throughout the the day, but stocks bounced much more than bonds. Right at the close, more trade-related headlines...
MBS RECAP: Another Day With Trade War in Focus

Comments (0)

Read More

by Matthew Graham on May 07 2019, 6:15 PM

For the second straight day, US/China trade relation uncertainty dominated financial markets. Volume was up across the board with Treasury yields and stock prices (S&P futures, intraday) dropping to the lowest levels in more than a month . Stocks...
MBS Day Ahead: Trade Wars, 10yr Auction, and Sticky MBS Prices

Comments (0)

Read More

by Matthew Graham on May 08 2019, 9:07 AM

In the day just passed, bonds continued to rally as more details about recent trade war drama unfolded. Actually, those details unfolded late Monday and were simply traded yesterday morning. Notably absent from the rally was the MBS market (for the most...
MBS RECAP: One-Two Punch From Trade War Bounce and Treasury Auction

Comments (0)

Read More

by Matthew Graham on May 08 2019, 5:24 PM

First thing in the morning, it looked like we had a chance to see another trade-war-driven bond rally. A Reuters story that detailed the US/China communication breakdown hit the market around 4:30am, causing both stocks and bond yields to move quickly...

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

Retail, Ops Jobs; Appraisal, Non-QM, Jumbo, DPA Products;...

As Flagstar’s Marcus L. points out, “1999 doesn't sound like that long ago until you realize that people with a birth year starting with ‘2’...
MBS Commentary

MBS Day Ahead: Bonds Not Threatened By Stimulus; Consolidation...

After the GA senate elections, the bond market immediately knew it needed to prepare for additional stimulus, even if moderate democratic voices might...
MBS Commentary

MBS RECAP: Bonds Playing it Extra Safe Ahead of Biden's...

Bonds Playing it Extra Safe Ahead of Biden's Stimulus Details As we discussed yesterday, the strong mid-week rally suggested a good amount of short...
MBS Commentary

MBS Day Ahead: Waiting On Stimulus Details, Shrugging...

A few hours after markets closed yesterday, news began coming out regarding a Biden aide mentioning tonight's stimulus proposal would be in the $2...
Pipeline Press

Warehouse, Sales Jobs; Digital, AMC, Pricing Tools;...

With the money I’m saving on “Dry January,” I was able to buy some great edibles at the dispensary yesterday. “Come on, come on...
Mortgage Rate Watch

Mortgage Rates Continue Healing, But Remain Well Above...

Mortgage rates had another solid day today--this time without any of the early drama seen yesterday. If you're just getting caught up, the bond market...
MBS Commentary

MBS RECAP: Important Victory For Bonds, and Another...

Important Victory For Bonds, and Another Battle Ahead Rates rallied today. Despite a positive reaction to a strong 30yr bond auction, it looks like traders...
Pipeline Press

Retail, Recruiting Jobs; Servicing, Appraisal, Income...

There are plenty of MLOs (mortgage loan originators) out there very pleased with their earnings for 2020. In a non-random sample, several CEOs with whom...
MBS Commentary

MBS Day Ahead: An Important Day For Bonds' Attempt...

With yesterday offering the first legitimate push back against the recent sell-off, today becomes one of three critically important days in establishing...
MND NewsWire

Refi Applications Highest Since March

It was a typical first-work-week-after-the holiday bounce for the mortgage indexes, although the surge was significantly more restrained than last year...
MND NewsWire

Tentative Recovery in Mortgage Availability With Help...

While it did dip a bit last month, the availability of mortgage credit appears to be stabilizing , having moved only slightly over the last three months...
Mortgage Rate Watch

Mortgage Rates Find Some Support After an Ugly Start

Mortgage rates were off to a very bad start this morning, but recovered a portion of what they lost by the end of the day. The specifics depend greatly...
MBS Commentary

MBS RECAP: Much-Anticipated Correction Finally Arrives...

Much-Anticipated Correction Finally Arrives. Now What? This morning's alert noted a scary scenario playing out in bonds due to a confluence of big...
MND NewsWire

Although Gradually Improving, Delinquencies Remain...

The rate of mortgage delinquencies remains significantly elevated from last year, but there is gradual improvement . The national rate moved higher in...
MBS Commentary

MBS Day Ahead: Scary Scenario Playing Out in Bonds...

This morning's alert notes that the bond market is in the midst of one of its scarier scenarios. The ingredients are as follows: a long run in a record...
Pipeline Press

Sales, MLO Jobs; Home Ownership, Non-QM, PPE, Sales...

Nearly two weeks into 2021 already? I was just getting used to saying “2020.” Now I have to add a syllable every time. “One.” There’s...
Mortgage Rate Watch

Rates Rising at Fastest Pace in Months

Mortgage rates are coming off a rough week-- the roughest , in fact, since June 2020 by some measures. That's the last time rates rose this quickly for...
MBS Commentary

MBS RECAP: Things Are Getting Ugly For Bonds

Selling Spree Continues; MBS Underperforming Earlier in the day, Treasuries looked to be selling off at a slower pace versus the past few trading sessions...
Pipeline Press

Sales Management, MLO Jobs; Recruiting, VA IRRRL, Non...

Of course some found humor in last week’s riot in Washington DC. (“In light of recent events, Mexico has decided that it will pay for the wall...
MBS Commentary

MBS Day Ahead: New Week, New Chance To Find The Next...

0.96% was a well-established ceiling for 10yr yields in November and December. Despite numerous intraday breaks, yields only managed to close higher on...

Mortgage Rates:

30 Yr FRM 2.87%
|
15 Yr FRM 2.40%
|
Jumbo 30 Year Fixed 3.35%

MBS Prices:

30YR FNMA 4.5 108-17 (-0-01)
|
30YR FNMA 5.0 110-17 (-0-01)
|
30YR FNMA 5.5 111-10 (-0-07)

Recent Housing Data:

Mortgage Apps 1.06%
|
Refinance Index 1.40%
|
Purchase Index 1.81%

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

190,243

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 - 2021 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.