Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
# of User Comments
 Email Alerts
Receive an Email Alert each time a story is posted to MBS Commentary.
Bottom Right Default
State Name: Connecticut
State Name underscore: Connecticut
State Name dash: Connecticut
State Name lower underscore: connecticut
State Name lower dash: connecticut
State Name lower: connecticut
State Abbreviation: CT
State Abbreviation Lower: ct
Fed Minutes Today at 2pm EST
Follow the markets live as the Fed Minutes are released at 2pm EST today.
Thomson Reuters MBS Aggregations
Gain access to a powerful search engine and most accurate and timely mortgage industry originator and servicer rankings.
MBS Basics:   Part 1  |  Part 2  |  Part 3  |  Part 4  |  The Gut Flop
It's Fed Day. Are you ready?
If you've been following the MBS Commentary, you know what a big deal this afternoon could be. Markets have been preparing for it for weeks and MBS Live members have been on top of those movements every step of the way.
This afternoon, when markets are convulsing mere milliseconds after the Fed Announcement, MBS Live members will know what's going on before anyone else. The accuracy and speed of our real-time price stream and alerts is unmatched.
Here's a purchase code to take the free trial for 4 weeks with no credit card required.

  •  Email    Link Here
  • Widgets

MBS RECAP: All-Time Levels All Around. Here's How To Play It
Jul 31 2020, 5:04PM

Another day, another opportunity for MBS prices to hit record highs and rates to--well...  rates are just sort of kicking around a piece of ground in their home town (at all time lows), but notably, they're not looking too eager to improve.  Why is that and what should you do about it?

Econ Data / Events
Market Movement Recap
08:18 AM

Bonds began the overnight session slightly stronger and chopped around in a narrow range since then.  10yr yields are starting the domestic session down about 1bp.  2.0 UMBS are starting out up 2 ticks (+0.06).

09:15 AM

Quick, serendipitous weakness just now taking 10yr yields 2 bps higher and MBS an eighth lower.  Looks like the bounce may be in already though. Month-end trading.

11:05 AM

Stocks are sliding and bonds have bounced back a bit.  10yr now unchanged and 2.0 UMBS up 2 tick (0.06).  

05:00 PM

MBS surged into the close, ending the day more than a quarter point higher at new all-time highs.  10yr yields are effectively at all-time lows (for those who throw out March 9th craziness).  And all this despite a nice recovery to stronger levels in stocks. Farewell July!

MBS Pricing Snapshot
Pricing shown below is delayed, please note the timestamp at the bottom. Real time pricing is available via MBS Live.
UMBS 2.0
103-22 : +0-09
10 YR
0.5282 : -0.0128
Pricing as of 7/31/20 5:02PMEST

Today's Reprice Alerts and Updates
A recap of Alerts and Updates provided to MBS Live subscribers.
2:13PM  :  MBS At Highs, Outperforming Treasuries
9:15AM  :  ALERT ISSUED: Bonds Losing Ground; Limited (if any) Reprice Risk For Early Lenders

About the Author

Chief Operating Officer, Mortgage News Daily / MBS Live
A former originator, Matthew began writing for Mortgage News Daily in 2007, covering a wide range of topics. Seeing a need in the marketplace, his focus increasingly shifted toward relating MBS and broader financial markets for loan originators. ... more

Other Contributors

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


Join Now or Login to Post Comments


More From MND

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%