Fri, May 13 2011, 8:29 AM
The Treasury market is mixed this morning as broader sentiment picked up following stronger-than-anticipated Euro area GDP results. The two-year Trea...
Fri, May 13 2011, 4:51 PM
Home loan borrowing costs have hit a wall.
Since reaching the best
levels of the year on Friday of last week, rates have been unable to
improve ...
Fri, May 13 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-05 : +0-08
...
Fri, May 13 2011, 3:40 PM
We have 18 months until the presidential
election, and already things are heating up. The financial community is closely
following Donald Trump's ca...
Thu, May 12 2011, 12:05 PM
Foreclosure activity hit a 40 month low
in April, posting a decline in all types of filings for the seventh straight
month according to data release...
Thu, May 12 2011, 11:51 AM
America's
household debt level ticked upward for the first time in 10 quarters during the first three months of 2011 according to a report releas...
Thu, May 12 2011, 11:21 AM
My memory's not as sharp as it used to be.
Also, my memory's not as sharp as it used to be.
Along those lines I bet all the reverse mortgage...
Thu, May 12 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-03 : +0-00
...
Thu, May 12 2011, 10:34 AM
President Obama was on CBS
this morning discussing the state of the
U.S. economy. In the Q&A session Obama cited a weak housing
market and ...
Thu, May 12 2011, 8:27 AM
Interest rates continue to wait in limbo as risk markets weigh the
economic impact of expensive food & energy costs in an
environment that offers ...
Thu, May 12 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, May 12 2011, 4:10 PM
Best-Execution mortgage rates are unchanged vs. yesterday's offerings.The closing costs tied to those
rates actually moved marginally lower today. Th...
Thu, May 12 2011, 1:49 PM
Treasury just auctioned $16bn 30 year bonds. Things didn't go well. Rates are on the rise. Quickly...
Benchmark just broke overhead support and
...
Wed, May 11 2011, 12:01 PM
After rallying consistently for two weeks bonds have reached overbought status, making upcoming debt auctions and economic events that much more impor...
Wed, May 11 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
95-21 : -0-04
...
Wed, May 11 2011, 11:15 AM
Yet another
study has been released which indicates home prices are trending lower. CoreLogic's March Home Price Index (HPI) pegs
that decline ...
Wed, May 11 2011, 10:52 AM
Regardless of what my kids say,
this commentary hasn't been around long enough to have ever been written by
candlelight. But starting next year I wi...
Wed, May 11 2011, 9:56 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending May 6, 2011. The MBA's loan app...
Wed, May 11 2011, 8:12 AM
Interest rates rose yesterday as stocks rallied and bond investors made room for today's $24 billion 10-year Treasury note auction.
Equity future...
Wed, May 11 2011, 5:15 PM
Despite some volatility earlier in the day, Best-Execution mortgage rates
and borrowing costs are unchanged vs. yesterday's offerings.
After spen...
Wed, May 11 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, May 11 2011, 3:54 PM
Realtors® attending the National
Association of Realtors (NAR) mid-year legislative meetings and trade expo in
Washington heard a panel of housing e...
Wed, May 11 2011, 2:15 PM
Treasury just auctioned $24 billion 10-year notes . Every bid below 3.210% was accepted by Treasury, which was 1.9bps below where the market had p...
Tue, May 10 2011, 11:32 AM
Home prices fell faster in
the first quarter of this year than at any time since the worst of the housing
crisis according to the Real Estate Mark...
Tue, May 10 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-12 : -0-04
...
Tue, May 10 2011, 10:31 AM
Yesterday
I went through denial, anger, bargaining, depression, and acceptance - which
are now the 5 stages of buying gas.
Incidents of mortga...
Tue, May 10 2011, 9:58 AM
The April edition of the Housing Scorecard has been issued by
Treasury and the Department of Housing and Urban Development (HUD). It showed "con...
Tue, May 10 2011, 8:16 AM
Benchmark interest rates traveled higher early in in the overnight session after positive data from China set global equity markets on an upward path....
Tue, May 10 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-02 : -0-14
...
Tue, May 10 2011, 3:46 PM
After spending the first four months of 2011 in a tight range, the primary
mortgage market is still in the midst of a potentially significant shift l...
Tue, May 10 2011, 3:27 PM
May Freddie and Fannie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted.
WHY??? ...
Tue, May 10 2011, 1:56 PM
Treasury auctioned $32bn 3s. The bid to cover ratio, a measure of auction demand, was 3.29 bids submitted for every one accepted by TSY. That is ...
Mon, May 9 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-17 : +0-02
...
Mon, May 9 2011, 10:22 AM
Today the village of Plato, Mo.,
(population 109) will celebrate its selection as the "2010 Census Center
of Population" with a little party. "The m...
Mon, May 9 2011, 9:16 AM
The monthly Employment Situation Report was expected to be the market's main focus last week, instead plunging commodities prices stole the show and p...
Mon, May 9 2011, 4:36 PM
Not only was today quiet in terms of trading volume, but there wasn't much directionality in charts either. Ranges were narrow and only tightened as t...
Mon, May 9 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-18 : +0-04
...
Mon, May 9 2011, 3:36 PM
After spending the first four months of 2011 in a tight range, the primary
mortgage market is now in the midst of a potentially significant shift low...
Fri, May 6 2011, 11:41 AM
As Dodd-Frank loan officer compensation regulations became a reality in early April, I started seeing new pay practices emerge in my reviews.
Sever...
Fri, May 6 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-06 : -0-09
...
Fri, May 6 2011, 10:55 AM
Freddie
Mac reported on Thursday that homeowners continue to hit barriers when looking to refinance their home, although it's not clear whether this ...
Fri, May 6 2011, 10:46 AM
Figures released by the Mortgage Bankers Association
(MBA) indicate that commercial and multifamily mortgage market may be coming
back to life.
...
Fri, May 6 2011, 10:37 AM
The driving force behind Mother's
Day was Anna Jarvis, who organized observances in Grafton, W.Va., and
Philadelphia on May 10, 1908. As the annual ...
Fri, May 6 2011, 9:30 AM
The April Employment Situation Report has been released.
Nonfarm payroll employment rose by 244,000 in April, and the unemployment rate edged u...
Fri, May 6 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Fri, May 6 2011, 2:57 PM
After spending the first four months of 2011 in a tight range, the primary mortgage market is now in
the midst of a potentially significant shift low...
Thu, May 5 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-04 : +0-05
...
Thu, May 5 2011, 11:00 AM
For over
three years the news has been filled with discussions of foreclosures, mortgage
fraud, derivatives, the failure of Freddie Mac and Fannie M...
Thu, May 5 2011, 10:42 AM
Cinco de Mayo does not mark the
discovery of tequila, but instead celebrates the legendary Battle of Puebla on
May 5, 1862, in which a Mexican force...
Thu, May 5 2011, 8:20 AM
Benchmark interest rates inched even lower last night as investors geared up for Friday's nonfarm payrolls report. Bonds have been rallying for four w...
