Thu, Jul 21 2011, 8:31 AM
The market is mixed but relatively steady as investors prepare to digest new economic data and quarterly statements earnings. While the latest data fr...
Thu, Jul 21 2011, 4:19 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-12 : -0-14
...
Thu, Jul 21 2011, 4:19 PM
Home loan borrowing costs increased today, basically to the high side of
their recent "sideways" range. Lenders continue to price their loans from a...
Thu, Jul 21 2011, 2:52 PM
There
has been periodic speculation that one factor in the continuing high
unemployment levels is "house lock," or the reluctance of households to ...
Wed, Jul 20 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
96-24 : -0-08
...
Wed, Jul 20 2011, 10:41 AM
"If
I owned Texas and Hell, I would rent out Texas and live in Hell." So spoke
Civil War General Philip Sheridan, who was the military governor of T...
Wed, Jul 20 2011, 8:48 AM
Stocks are rallying and bonds are selling this morning.
The 10-year Treasury yield remains well below 3% as both U.S. and European debt
concerns...
Wed, Jul 20 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
96-24 : -0-07
...
Wed, Jul 20 2011, 4:15 PM
Home loan borrowing costs were basically unchanged today. Mortgage rate movements have gone sideways. Fear of the unknown has put lenders back in a de...
Wed, Jul 20 2011, 3:21 PM
An increase in contract cancellations
caused a decline in the sales of existing homes in June. Still, according to the National
Association of Real...
Wed, Jul 20 2011, 1:24 PM
The Mortgage Bankers Association today reported a significant increase in the number of refinance applications taken last week, purchase demand on the...
Tue, Jul 19 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
96-15 : -0-03
...
Tue, Jul 19 2011, 9:36 AM
"What does the mummy do when
he goes to the bookstore? He gets all wrapped up in a good book!" But in
three headlines from last night, a paradigm s...
Tue, Jul 19 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
96-31 : +0-13
...
Tue, Jul 19 2011, 3:57 PM
Driven by a dramatic rise in
multi-family construction, U.S. housing jumped unexpectedly to of an annualized
rate of 629,000 housing units in June. ...
Tue, Jul 19 2011, 3:53 PM
Home loan borrowing costs moved higher today. Fortunately these unfriendly developments did not negatively impact Current Market BestExection Mortga...
Mon, Jul 18 2011, 9:26 AM
"Texting
is like intellectually roaming free in a cul-de-sac." Feel free to quote
Ralph Nader on that one.
Five-time
Jeopardy winner Rich Cordr...
Mon, Jul 18 2011, 9:04 AM
A "flight to safety" led benchmark bond yields and mortgage rates lower last week.
Poor economic data combined with ongoing EU contagion concerns...
Mon, Jul 18 2011, 6:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
96-24 : -0-01
...
Mon, Jul 18 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
96-19 : -0-06
...
Mon, Jul 18 2011, 3:43 PM
Mortgage rates spent most of last week in recovery mode after experiencing a sharp spike in late-June/early-July. Unfortunately just before the weeken...
Mon, Jul 18 2011, 2:21 PM
Two press releases that came out on
Monday may point to a new direction for the residential construction market and
perhaps for housing policy.
H...
Fri, Jul 15 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Jul 15 2011, 9:04 AM
Everyone
knows why squirrels swim on their backs. (It's Friday, I couldn't figure out
how to tie that joke in with in with any mortgage related news...
Fri, Jul 15 2011, 8:55 AM
According to the latest report from the
Mortgage Bankers Association's (MBA) Research Institute for Housing America
(RIHA) the continuing decline in...
Fri, Jul 15 2011, 8:29 AM
Treasuries are flat and equities are modestly higher Friday morning despite a Standard & Poor's warning that it could strip the U.S. of its AAA rating...
Fri, Jul 15 2011, 7:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Jul 14 2011, 11:23 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
97-02 : -0-04
...
Thu, Jul 14 2011, 10:31 AM
RealtyTrack has reported a generally downward trend
in foreclosure filings since last fall, but the monthly variations tended to
mask the magnitude ...
Thu, Jul 14 2011, 9:54 AM
"Help a man when he is in trouble and he
will remember you when he is in trouble again."
The Consumer Finance
Protection Bureau is not in trou...
Thu, Jul 14 2011, 8:24 AM
Moody's threat of a possible downgrade of the U.S. sovereign debt rating late Wednesday is having no discernible impact on the market, but it's certai...
Thu, Jul 14 2011, 4:50 PM
Home loan borrowing costs had reached their best levels of the week as of
yesterday afternoon, but were unable to improve further today. That leaves...
Thu, Jul 14 2011, 4:27 PM
The day got off to a slow start with both benchmark TSYs and "rate sheet influential" MBS experiencing modest price declines as stocks ventured margin...
Thu, Jul 14 2011, 4:23 PM
MBSonMND : MBS RECAP
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FNMA 3.5
96-24 : -0-14
...
Wed, Jul 13 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-23 : -0-05
...
Wed, Jul 13 2011, 10:42 AM
The shape of the new Consumer Financial
Protection Bureau (CFPB) began to emerge yesterday as its chief architect Elizabeth
Warren, Special Advisor ...
Wed, Jul 13 2011, 10:27 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 8, 2011. This week's results...
Wed, Jul 13 2011, 9:33 AM
I am smart enough to
realize that I am not smart enough to know, "Why the focus is more on
the debt ceiling than on actually reducing our deficit?"...
Wed, Jul 13 2011, 8:29 AM
Higher than expected growth in China has global investors in a better mood Wednesday morning, with Treasury yields backing up and equity futures looki...
Wed, Jul 13 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-07 : +0-11
...
Wed, Jul 13 2011, 4:11 PM
Home loan borrowing costs moved slightly lower today. This is the fourth consecutive day where borrowing costs have declined in the primary mortgage ...
Wed, Jul 13 2011, 3:04 PM
The Chairman of the Federal Reserve today told Congress in his Semiannual Monetary Policy Review
that "Households report
that they have little ...
Tue, Jul 12 2011, 12:03 PM
Six cities have been selected for a
pilot program designed by the Obama Administration to strengthen local
capacity, spark economic growth and ensur...
Tue, Jul 12 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-30 : -0-02
...
Tue, Jul 12 2011, 11:14 AM
Born in the 1800's in California and
Tennessee, my grandparents are long gone - and I never lived with them. But
over the last 20 years, reports the...
Tue, Jul 12 2011, 8:37 AM
Concerns that Greece could see a "selective default" flattened the Treasury yield curve overnight as investors exchanged short-term paper for intermed...
Tue, Jul 12 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-03 : +0-04
...
Tue, Jul 12 2011, 4:05 PM
The significant reversal in loan pricing that began after Friday's jobs
report is starting to level off. On average, the costs charged by lenders
o...
Tue, Jul 12 2011, 3:43 PM
July delivery Fannie and Freddie 30 year fixed MBS coupon have begun the
settlement process. It will soon seem like MBS prices just plummeted.
...
Mon, Jul 11 2011, 12:22 PM
If the results of Fannie Mae's monthly national consumer survey accurately portray their attitudes, Americans
appear to have increasingly realist...
