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  • MBS OPEN: YIELD CURVE STEEPER

    by AQ on March 10 2009, 8:01 AM
    TSY yields are on the rise and stock futures indicate a positive open. MBS bids are moving lower as the yield curve steepens.... Since 5pm yesterday... FN30 ______________________________________ FN 4.0 -------->>>> -0-08 to 98-28 from 99...
  • MBS CLOSE: MARKETS SIT AND WAIT

    by AQ on March 09 2009, 6:25 PM
    Market's took a break from headline news today. In average trading MBS was bid well as the stack outperformed the yield curve. Spreads closed tighter vs. TSYs and Swaps. FN 5.0s performed the best on relative value basis which is an indication that...
  • MBS UPDATE: HEADING INTO 5PM

    by AQ on March 09 2009, 4:36 PM
    Heading into going out.... FN30 _____________________________________ FN 4.0 -------->>>> -0-02 to 99-04 from 99-06 FN 4.5 -------->>>> -0-0 2 to 101-04 from 101-06 FN 5.0 -------->>>> +0-01 to 102-14 from 102-13 FN...
  • MBS UPDATE: BIDS STEADILY MOVING HIGHER

    by AQ on March 09 2009, 3:44 PM
    MBS bids continue to move up off the lows of the day.... FN30 ______________________________________ FN 4.0 -------->>>> -0-04 to 99-02 from 99-06 FN 4.5 -------->>>> -0-03 to 101-03 from 101-06 FN 5.0 -------->>>>...
  • MBS UPDATE: IMPROVED OFF THE LOWS

    by AQ on March 09 2009, 2:37 PM
    ....but still stuck in a range Headline news is all quiet at the moment and equity markets aren't making much noise...so fixed income market participants have taken the opportunity to bake in a few more "supply to come" bps into TSY yield...
  • MBS ALERT: REPRICE LOOMING

    by AQ on March 09 2009, 12:16 PM
    TSY note and bond yields continue to move higher and MBS is following....some lenders will consider repricing for the worse as the Dow creeps higher 1215 Marks... FN30 __________________________________ FN 4.0 -------->>>> -0-11 to 98-27 from...
  • MBS UPDATE: PRICE UPDATE

    by AQ on March 09 2009, 9:50 AM
    Good Morning. The MBS stack is following the supply weary yield curve toward higher rates this morning. Mortgage Rates are a few bps higher this AM. FN30 _____________________________________ FN 4.0 -------->>>> -0-04 to 99-02 from 99-06 FN...
  • MBS MORNING: SELLING

    by AQ on March 09 2009, 8:30 AM
    FN30 __________________________________ FN 4.0 -------->>>> -0-06 to 99-00 from 99-06 FN 4.5 -------->>>> -0-0 5 to 101-01 from 101-06 FN 5.0 -------->>>> -0-01 to 102-12 from 102-13 FN 5.5 -------->>>>...
  • DU REFI PLUS - No Media Coverage

    by AQ on March 06 2009, 1:38 PM
    You can download the full 'DU Refi Plus' document in pdf format here . If you would like to link to this document, please link to http://www.mortgagenewsdaily.com/du-refi-plus.pdf DU Refi Plus TM BORROWERS YOU DO NOT HAVE TO GO TO YOUR SERVICER...
  • MBS MORNING: THE BIG KAHUNA

    by AQ on March 06 2009, 10:23 AM
    THE EMPLOYMENT SITUATION: FEBRUARY 2009 Nonfarm payroll employment continued to fall sharply in February ( -651,000 ). The unemployment rate rose from 7.6 to 8.1 percent . The change in total nonfarm employment for December was revised from -577,000 to...
  • MBS OPEN: WAITING FOR JOBS DATA

    by AQ on March 06 2009, 8:19 AM
    Opening Marks... FN30 ______________________________________ FN 4.0 -------->>>> +0-10 to 99-14 from 99-04 FN 4.5 -------->>>> +0-06 to 101-10 from 101-04 FN 5.0 -------->>>> +0-05 to 102-14 from 102-09 FN 5.5 ----...
  • MBS CLOSE: FTQ LEAVES MBS IN DUST

    by AQ on March 05 2009, 6:01 PM
    A flight to safety rally in the Treasury market led "down in coupon" MBS bids higher today. TSYs outperformed MBS by as much as 10-20 ticks though (spreads wider). Originators were light sellers while the Fed easily ate up any excess production...
  • MBS UPDATE: FED BUYS $30.149 BN

    by AQ on March 05 2009, 3:31 PM
    In the 5 day period between February 26 and March 4 the Federal Reserve completed $30.149BN MBS purchases. That is the most they have ever bought!!! This report includes roll transactions where the Federal Reserve sold the roll and bought back their "lent...
  • MBS UPDATE: LOWER RATES TODAY

    by AQ on March 05 2009, 2:40 PM
    WE HAVE GOTTEN REPRICES FOR THE BETTER as MBS has continually improved throughout the day, market participants moving down in coupon. <--YAY Rate sheets are markedly improved from yesterday... Stocks move lower led by financial stocks. Treasury yields...
  • MBS ECON: TODAY'S DATA

    by AQ on March 05 2009, 12:09 PM
    MBS bids MUCH IMPROVED TODAY....down in coupon!!!! 120 marks... FN30 _________________________________ FN 4.5 -------->>>> + 0-13 to 101-01 from 100-18 FN 5.0 -------->>>> + 0-08 to 102-08 from 102-00 FN 5.5 -------->>>>...
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More From MND

Mortgage Rates:
  • 30 Yr FRM 4.09%
  • |
  • 15 Yr FRM 3.26%
  • |
  • Jumbo 30 Year Fixed 3.89%
MBS Prices:
  • 30YR FNMA 4.5 108-08 (0-03)
  • |
  • 30YR FNMA 5.0 110-13 (-0-04)
  • |
  • 30YR FNMA 5.5 112-15 (0-01)
Recent Housing Data:
  • Mortgage Apps -4.68%
  • |
  • Refinance Index -5.23%
  • |
  • Purchase Index -4.14%