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  • MBS MORNING: Roll Call

    by AQ on January 09 2009, 10:25 AM
    Today is notification day....the roll is upon us. Here is a snapshot of the stack. Fn 4.0-> -0-01+ to 101-05+ Gn 4.0-> +0-03 at 101-00 Fn 4.5-> -0-03+ to 102-14 Gn 4.5-> +0-06+ to 103-16 Fn 5.0-> +0-01 to 103-12+ Gn 5.0-> -0-02 to 104...
  • MBS ALERT: ANGRY 4.5 COUPON

    by AQ on January 09 2009, 9:18 AM
    Since the opening post the tide has turned and we are witnessing some selling in the FN 4.5s.... Fn 4.0-> -0-01+ to 101-05+ Fn 4.5-> -0-07 to 102-12 Fn 5.0-> -0-01+ to 103-10 Fn 5.5-> +0-01 to 103-21+ Fn 6.0-> +0-03 to 103-29+ As might...
  • MBS UPDATE: BLS BS???

    by AQ on January 09 2009, 8:32 AM
    Fn 4.0-> -0-01 to 101-05+ Gn 4.0-> +0-09 at 101-06 Fn 4.5-> +0-04 to 102-21+ Gn 4.5-> +0-05+ to 103-15 Fn 5.0-> +0-02+ to 103-14 Gn 5.0-> +0-01+ to 104-04 Fn 5.5-> +0-01 to 103-23+ Gn 5.5-> +0-02+ to 104-11 Fn 6.0-> +0-01 to...
  • MBS UBER POST: 1/8 In Review, The End Of The Credit Crisis?, Rocks, And "Rolls"

    by Matthew Graham on January 08 2009, 9:04 PM
    Recap of today's events for MBS: Today, within the scope of penultimate trading days before Class A settlement, was quite stable. The charts are choppy, yet reasonably range-bound. In English please? The difference between highs and lows was not as...
  • MBS GOING OUT: Price Update

    by AQ on January 08 2009, 5:02 PM
    Fn 4.0-> +0-05+ to 101-06+ Gn 4.0-> unchanged at 100-29+ Fn 4.5-> +0-02 to 102-17+ Gn 4.5-> +0-00+ to 103-09+ Fn 5.0-> +0-03 to 103-11+ Gn 5.0-> +0-07 to 104-03 Fn 5.5-> +0-03+ to 103-22+ Gn 5.5-> +0-02+ to 104-08+ Fn 6.0->...
  • MBS UPDATE: Reprices Reported

    by AQ on January 08 2009, 2:19 PM
    Reprices for the worse have been reported at a few lenders, the stack is still green across the board as the relatively cheap higher coupons lead the way (in terms of trade activity/flows/attention). We are still floating past settlement. Fn 4.0->...
  • MBS AFTERNOON: Staying A Bit Lower, But Stabilized

    by Matthew Graham on January 08 2009, 1:54 PM
    After dropping to 102-16 in 4.5s (unchanged on the day), we've stabilized at that price level. Still some potential for reprices for the worse. No guarantee that your lender will do so, but certainly possible. Remember that settlement begins tomorrow...
  • MBS ALERT: Ticking down after Treasury Auction

    by Matthew Graham on January 08 2009, 1:44 PM
    It's unclear at this point whether recent selling in the 4.5 MBS is correlated with the 10 yr treasury auction. Regardless, we've fallen 6 ticks in less than 5 minutes. This can spook lenders that price "on the come" or are otherwise...
  • MBS UPDATE: Choppy Flow

    by AQ on January 08 2009, 11:19 AM
    Fn 4.0-> +0-03 to 101-04 Gn 4.0-> unchanged at 100-29+ Fn 4.5-> +0-04+ to 102-20 Gn 4.5-> +0-05 to 103-13+ Fn 5.0-> +0-04 to 103-12 Gn 5.0-> +0-04+ to 104-00+ Fn 5.5-> +0-01+ to 103-20+ Gn 5.5-> +0-00 to 104-06+ Fn 6.0-> +0...
  • MBS MORNING: No Worries Buying Resumes

    by AQ on January 08 2009, 9:36 AM
    Good Moooooooorning MBS!!!! (Robin William's Voice). DOWN IN COUPON RESUMES. Your rate sheets should (SHOULD) be better this morning... Fn 4.0-> +0-11 to 101-12 Gn 4.0-> unchanged at 100-29 Fn 4.5-> +0-06+ to 102-22 Gn 4.5-> +0-08 to 103...
  • MBS OPEN: Rise and Shine MBS

    by AQ on January 08 2009, 7:48 AM
    Fn 4.0-> +0-00 to 101-01 Gn 4.0-> unchanged at 100-09+ Fn 4.5-> +0-04 to 102-20+ Gn 4.5-> +0-02 to 103-11 Fn 5.0-> +0-03 to 103-11 Gn 5.0-> +0-06 to 104-01+ Fn 5.5-> 0-00 to 103-19 Gn 5.5-> +0-01 to 104-07 Fn 6.0-> -0-00+ to...
  • MBS CLOSE: PRICE SNAPSHOT

    by AQ on January 07 2009, 7:25 PM
    Fn 4.0-> -0-10 to 101-01 Gn 4.0-> unchanged at 100-09+ Fn 4.5-> -0-02+ to 102-15+ Gn 4.5-> -0-03+ to 103-09 Fn 5.0-> -0-02+ to 103-08 Gn 5.0-> -0-00+ to 103-28 Fn 5.5-> -0-01 to 103-19 Gn 5.5-> +0-01+ to 104-06 Fn 6.0-> -0-03...
  • MBS UPDATE: STILL SIDEWAYS

    by AQ on January 07 2009, 3:35 PM
    Two way above average trade volumes are essentially cancelling each other out today...with a slight advantage to the seller. (There are buyers and sellers actively participating in trading, there are more sellers than buyers) Fn 4.0-> -0-04 to 101...
  • MBS AFTERNOON: Testing a technical floor as treasuries sell

    by Matthew Graham on January 07 2009, 1:43 PM
    So far, we've enjoyed a fairly stable late morning and early afternoon despite fluctuations in the treasury market. After this morning's selling and subsequent rebound, we crested a level of 102-15 in the 4.5 coupon and that has held firm as a...
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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.89%
  • |
  • 15 Yr FRM 3.11%
  • |
  • Jumbo 30 Year Fixed 3.73%
MBS Prices:
  • 30YR FNMA 4.5 108-18 (-0-03)
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  • 30YR FNMA 5.0 110-27 (-0-02)
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  • 30YR FNMA 5.5 111-29 (-0-01)
Recent Housing Data:
  • Mortgage Apps 4.93%
  • |
  • Refinance Index 0.90%
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  • FHFA Home Price Index 0.67%