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  • MBS UPDATE: Prices Pre-UST5Y Auction

    by AQ on January 29 2009, 1:00 PM
    CURRENT- Pre 5YR Treasury Auction Fn 4.0-> -0-08 to 99-22 Fn 4.5-> -0-06 to 101-00 Gn 4.5-> -0-06 to 101-01 Fn 5.0-> -0-04 to 101-28 Gn 5.0-> -0-04 to 102-03 Fn 5.5-> -0-03 to 102-16 Gn 5.5-> -0-03 to 102-18 Fn 6.0-> +0-00 to 103...
  • MBS ALERT: Maybe some Reprices

    by AQ on January 29 2009, 12:18 PM
    Prices are falling further....reprice for the worse expected. More to follow
  • MBS MORNING: THIS IS GETTING OLD

    by AQ on January 29 2009, 11:22 AM
    Good morning. Up in Coupon is taking a turn today... Fn 4.0-> -0-06 to 99-24 Fn 4.5-> -0-05 to 101-01 Gn 4.5-> -0-06 to 101-01 Fn 5.0-> -0-04 to 101-28 Gn 5.0-> -0-04 to 102-03 Fn 5.5-> -0-04 to 102-15 Gn 5.5-> -0-04 to 102-17 Fn...
  • MBS UPDATE: Up in Coupon

    by AQ on January 29 2009, 9:20 AM
    As I write the morning commentary the up in coupon bias has returned to the MBS market Fn 4.0-> -0-06 to 99-24 Fn 4.5-> -0-04 to 101-02 Gn 4.5-> -0-05 to 101-02 Fn 5.0-> -0-02 to 101-30 Gn 5.0-> -0-01 to 102-06 Fn 5.5-> -0-02 to 102...
  • MBS OPEN: Price Update

    by AQ on January 29 2009, 8:26 AM
    Up in Coupon... Fn 4.0-> +0-01 to 99-31 Fn 4.5-> +0-02 to 101-08 Gn 4.5-> +0-00 to 101-07 Fn 5.0-> +0-02 to 102-02 Gn 5.0-> +0-03 to 102-10 Fn 5.5-> +0-01 to 102-20 Gn 5.5-> +0-00 to 102-21 Fn 6.0-> +0-03 to 103-08 Gn 6.0->...
  • MBS UPDATE: So Much To Say

    by AQ on January 28 2009, 9:42 PM
    My ears hurt after all the alert alarms we had to sound throughout the session! Here is a summary of the intraday price action...OPEN: up up up down sideways sideways down down down sideways sideways down down CLOSE...then down some more in after hours...
  • MBS UPDATE: Post FOMC Selling Holding

    by Matthew Graham on January 28 2009, 2:52 PM
    4.0's down 12 on the day at 100-01 4.5's down 6 at 101-12 5.0's down 4 at 102-06
  • MBS ALERT: More Selling

    by AQ on January 28 2009, 2:51 PM
    No statement surprises. They remain ready to do whatever it takes to avoid a catostrophic financial firesale. The FOMC "stands ready" to purchase longer term Treasuries and will continue with its MBS Purchase Program and may even EXPAND the...
  • MBS ALERT: FOMC Statement

    by AQ on January 28 2009, 2:14 PM
    Commentary to follow...QE isn't going anywhere. MBS prices very close to pre-announcement levels FEDERAL RESERVE PRESS RELEASE Release Date: January 28, 2009 For immediate release The Federal Open Market Committee decided today to keep its target...
  • MBS ALERT: Reprices Looming

    by AQ on January 28 2009, 1:40 PM
    Up, Down, Right , Down....no that is not the Contra cheat code its how the stack has performed so far today... Fn 4.0-> -0-09 to 100-04 Fn 4.5-> -0-06 to 101-12 Gn 4.5-> -0-10 to 101-11 Fn 5.0-> -0-08 to 102-02 Gn 5.0-> -0-11 to 102-07...
  • MBS UPDATE: T minus 60 min

    by AQ on January 28 2009, 12:46 PM
    Twas the hour before Fed announcement and not a trader was stirring...plus its lunch time. So the selling has stabilized Fn 4.0-> +0-00 to 100-13 Fn 4.5-> +0-01 to 101-19 Gn 4.5-> -0-01 to 101-20 Fn 5.0-> +0-01 to 102-11 Gn 5.0-> -0-01...
  • MBS ALERT: Selling Off

    by AQ on January 28 2009, 11:05 AM
    Welp that didn't take long to turn around. Seeing some selling now. Nervous Nelly/Aggressive lenders may reprice for the worse.. Fn 4.0-> -0-01 to 100-12 Fn 4.5-> -0-01 to 101-17 Gn 4.5-> -0-03 to 101-18 Fn 5.0-> -0-00 to 102-10 Gn 5.0...
  • MBS MORNING: Quiet Rally

    by AQ on January 28 2009, 10:22 AM
    Ahead of the FOMC there is a slight down in coupon bias.... Fn 4.0-> +0-04 to 100-17 Fn 4.5-> +0-03 to 101-21 Gn 4.5-> +0-01 to 101-22 Fn 5.0-> +0-03 to 102-13 Gn 5.0-> +0-02 to 102-20 Fn 5.5-> +0-01 to 102-26 Gn 5.5-> +0-00 to 102...
  • MBS OPEN: Price Update

    by AQ on January 28 2009, 9:03 AM
    Good Morning....here is a price update while I write morning commentary. Been a slow morning so far.... Fn 4.0-> +0-00 to 100-13 Gn 4.0-> -0-00 at 100-18 Fn 4.5-> +0-00 to 101-18 Gn 4.5-> -0-01 to 101-20 Fn 5.0-> -0-01 to 102-09 Gn 5.0...
  • MBS UPDATE: Loud Cheers Recorded

    by AQ on January 27 2009, 9:04 PM
    At the close... Fn 4.0-> +0-13 to 100-13 Gn 4.0-> +0-13 at 100-18 Fn 4.5-> +0-08 to 101-18 Gn 4.5-> +0-07 to 101-21 Fn 5.0-> +0-05 to 102-10 Gn 5.0-> +0-05 to 102-18 Fn 5.5-> +0-03 to 102-25 Gn 5.5-> +0-02 to 102-28 Fn 6.0->...
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More From MND

Mortgage Rates:
  • 30 Yr FRM 3.73%
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  • 15 Yr FRM 3.03%
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  • Jumbo 30 Year Fixed 3.60%
MBS Prices:
  • 30YR FNMA 4.5 109-03 (0-03)
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  • 30YR FNMA 5.0 111-07 (0-04)
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  • 30YR FNMA 5.5 112-21 (0-02)
Recent Housing Data:
  • Mortgage Apps -1.26%
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  • Refinance Index -2.94%
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  • Purchase Index 1.88%