Showing related tags and posts accross the entire site.
-
Mortgage rates moved modestly higher yesterday morning. There was no direct cause for the rise in rates. The previous day stocks systematically rallied following an eight day losing streak. The bond market and consequently mortgage rates opened the day higher yesterday morning. Lenders left rate sheets...
-
Much like Monday, yesterday was a data-less day in the marketplace, leaving me at a loss for words and new guidance. Mortgage-backed securities prices did managed to move higher following a very strong 3 year Treasury debt auction, unfortunately MBS price appreciations were not strong enough to warrant...
-
The six day streak of rising mortgage rates finally stalled out yesterday! Although mortgages started the session on a negative note, mortgage-backed securities prices managed to recovery all early losses following a slightly above average 5 year Treasury note auction. After the auction, several lenders...
-
The mortgage market started off yesterday's session on fire. Mortgage-backed securities prices were deep in the green and lenders issued aggressive rate sheets. It was a great start to the day, but it didn't last. After reaching a peak in the morning, MBS gains gradually leaked out before morning...