Thu, Dec 29 2011, 4:23 PM
The National Association of Realtors® (NAR)
announced on Thursday that pending home sales in November reached the highest
levels seen in 19 months. ...
Thu, Dec 29 2011, 4:19 PM
MBS Live : MBS RECAP
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FNMA 3.5
...
Thu, Dec 29 2011, 3:28 PM
Mortgage Rates took the day off from the faster-paced improvements seen yesterday, and instead improved only in small amounts. Even then, nothing ha...
Thu, Dec 29 2011, 1:40 PM
As expected/feared, this morning's economic data did little to rouse holiday-sedated markets. In fact, if it weren't for the somewhat interesting fact...
Wed, Dec 28 2011, 12:12 PM
The cliche quip "It's the economy, stupid" is under consideration to be revised to "it's the European economy, stupid," or perhaps even "it's the stup...
Wed, Dec 28 2011, 11:23 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
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Wed, Dec 28 2011, 11:16 AM
Overheard
recently: "I love Christmas lights - they remind me of some co-workers.
They all hang together, half of them don't work, and the ones that...
Wed, Dec 28 2011, 8:26 AM
One day in to the post Christmas/ Pre -New-Year holiday week and it's shaping up to be the slowest in years. Not only is that slowness seen in terms ...
Wed, Dec 28 2011, 4:23 PM
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FNMA 3.5
...
Wed, Dec 28 2011, 2:40 PM
Unlike yesterday's uneventful market movements, Mortgage Rates
are noticeably improved today. While volume remains quite light in general due to a...
Tue, Dec 27 2011, 11:18 AM
MBS Live : MBS MID-DAY
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Tue, Dec 27 2011, 10:29 AM
Saturday
night, while you were pleasantly dreaming of presents, the cookies for Santa
had a different experience .
FHA lenders had reason fo...
Tue, Dec 27 2011, 8:24 AM
Last week saw a steep sell-off in bond markets as low volume and a limited amount of participation paved the way for domination by whichever side of t...
Tue, Dec 27 2011, 4:23 PM
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FNMA 3.5
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Tue, Dec 27 2011, 2:23 PM
After getting pushed higher in low volume trading late last week, Mortgage Rates
are roughly unchanged today, although market volume remains exceed...
Tue, Dec 27 2011, 1:11 PM
While home prices continued to decline in October, the
S&P/Case-Shiller Home Price Indices released on Tuesday indicate that the
downward trend ma...
Tue, Dec 27 2011, 1:09 PM
Over the weeks and months of 2011, MBS and Treasuries have had their attention pulled in many different directions, at times paying careful attention ...
Fri, Dec 23 2011, 12:52 PM
Based simply on trading levels, today is pretty ugly. But in light of the extremely low volume, we were already largely prepared to discount such swi...
Fri, Dec 23 2011, 11:18 AM
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Fri, Dec 23 2011, 10:17 AM
The Census
Bureau reports that between 2005 and 2011, the proportion of young adults
living in their parents' home increased. The
percentage of me...
Fri, Dec 23 2011, 10:14 AM
New homes sales in November rose to a seasonally adjusted annual rate of 315,000 according to data released today by the Census Bureau and the Depart...
Fri, Dec 23 2011, 8:19 AM
Although there's a decent enough lineup of economic reports this morning, including New Home Sales, Durable Goods, and Personal Consumption Expenditur...
Fri, Dec 23 2011, 4:18 PM
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Fri, Dec 23 2011, 1:22 PM
Mortgage Rates
suffered their worst losses of the week today as light volume and low participation left sellers in control, driving benchmark intere...
Thu, Dec 22 2011, 12:02 PM
Despite the glut of economic data this morning, there was little, if any reaction to several reports at 830 or the remaining group at 9:55-10AM. The ...
Thu, Dec 22 2011, 11:34 AM
The value of U.S. residential units
continued to decline in October and is now down almost 20 percent from the
levels reached at the peak of the hou...
Thu, Dec 22 2011, 11:26 AM
Assistant
U.S. Attorney General Thomas E. Perez condemned the lending practices of the
former Countrywide Financial Corporation while announcing a...
Thu, Dec 22 2011, 11:18 AM
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Thu, Dec 22 2011, 10:23 AM
The JD
Power Survey is mostly known for car rankings. But the rating firm also takes a
look at mortgage lenders .
Congrats
in the above to Qui...
Thu, Dec 22 2011, 8:22 AM
Volume in the overnight session was some of the lowest of the year. Trading was uninspired by any meaningful headline or event. Year-end is officially...
Thu, Dec 22 2011, 4:18 PM
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FNMA 3.5
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Thu, Dec 22 2011, 2:14 PM
Mortgage Rates are slightly improved today after minor increases to borrowing costs over the past two days. Before that, rates spent several days at...
Wed, Dec 21 2011, 12:49 PM
Existing home sales rose 4.0 percent in
November to a seasonally adjusted annual rate of 4.42 million homes, up from
4.25 million in October accord...
Wed, Dec 21 2011, 12:15 PM
As the National Association of Realtors®
(NAR) first announced last week, its periodic rebenchmarking of existing home
sales data uncovered some p...
Wed, Dec 21 2011, 11:42 AM
Even though stocks and the Euro are trading lower, bond markets have been stubborn this morning in maintaining slightly weaker levels. MBS are about ...
Wed, Dec 21 2011, 11:27 AM
The Mortgage Bankers Association (MBA) has demonstrated again that the
public's perception of the real estate market depends on which side of the
cl...
Wed, Dec 21 2011, 11:22 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
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Wed, Dec 21 2011, 11:17 AM
If you
have a few minutes, and want to learn more about our economy ("One recent
survey found that one out of every three Americans would not be abl...
Wed, Dec 21 2011, 9:05 AM
The
Mortgage Bankers Association's (MBA) Market Composite Index decreased 2.6
percent on a seasonally adjusted basis during the week ended December ...
Wed, Dec 21 2011, 8:36 AM
The ECB's LTRO (Long Term Refinancing Operation) dominated the overnight session. But as it turns out, it's effects on domestic yields were mostly see...
Wed, Dec 21 2011, 4:18 PM
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FNMA 3.5
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Wed, Dec 21 2011, 4:04 PM
According to data reported on Wednesday
by CoreLogic, the residential shadow inventory as of October stood at 1.6
million housing units, a supply ...
Wed, Dec 21 2011, 3:59 PM
The Office of Comptroller of the
Currency released its Quarterly Mortgage Metrics Report on Wednesday showing
that delinquencies among mortgages ser...
Wed, Dec 21 2011, 2:24 PM
Here are the earlier alerts that MBS Live subscribers received:
Before the Auction:
7yr Notes have averaged a 2.89 bid-to-cover and saw a...
Wed, Dec 21 2011, 1:43 PM
After several days at record lows with little deviation in borrowing costs, Mortgage Rates have now moved slightly higher on two consecutive days. T...
Tue, Dec 20 2011, 11:22 AM
Bond markets continue to weaken as European peripheral markets are generally more upbeat after receiving their promised holiday gift in the form of th...
Tue, Dec 20 2011, 11:17 AM
MBS Live : MBS MID-DAY
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FNMA 3.5
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Tue, Dec 20 2011, 10:38 AM
I f you
have trouble finding something for that special person who has everything, how
about a new chia pet.
The old
saying, "Give a man a...
Tue, Dec 20 2011, 10:15 AM
Building permits issued in November were
up 5.7 percent from the number issued in October according to joint data
released this morning by the U....
Tue, Dec 20 2011, 8:29 AM
Bond markets are slightly weaker overnight following a fairly uneventful European session. 10yr yields rose roughly 5bps to 1.85 and S&P futures adde...
