Wed, Aug 24 2011, 8:28 AM
A weak session in Asia following Moody's one-notch downgrade of Japan's credit rating to Aa3 has markets looking cautious ahead of Friday's speech fro...
Wed, Aug 24 2011, 4:34 PM
Yesterday, we noted pressure building on BestExecution rates. Today, things boiled over unfavorably and the loan pricing losing streak extended int...
Wed, Aug 24 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-08 : -0-19
...
Wed, Aug 24 2011, 1:29 PM
There's about 30 minutes left before another hourly mark is plotted on the following chart of 10yr yields. Yes, of course 10yr yields don't dictate m...
Tue, Aug 23 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-09 : +0-07
...
Tue, Aug 23 2011, 8:43 AM
Global investor sentiment is a little more buoyant Tuesday despite some less than stellar economic data and news, including UBS announcing it will cut...
Tue, Aug 23 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Aug 23 2011, 4:17 PM
The title of the post makes things sound more serious than they are. In fact, other than continuing to operate near all-time levels, things aren't th...
Tue, Aug 23 2011, 3:30 PM
Consumer borrowing costs rose marginally today, marking the third consecutive session where mortgage rates have ticked slightly higher. Although we'r...
Mon, Aug 22 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-03 : -0-12
...
Mon, Aug 22 2011, 9:33 AM
A "risk-off" environment helped bonds rally last week and led mortgage rates back into record low territory. Weak economic data around the world and ...
Mon, Aug 22 2011, 4:24 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-10 : -0-04
...
Mon, Aug 22 2011, 4:05 PM
Despite a volatile back-drop, mortgage rates
continue to hover near all-time lows.
Monday's offerings are little
changed from Friday (in some ...
Mon, Aug 22 2011, 3:32 PM
Today has been exceedingly boring and sideways for MBS and Treasuries alike. But to an even greater extent than their benchmark big brothers, MBS hav...
Fri, Aug 19 2011, 11:24 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-14 : -0-10
...
Fri, Aug 19 2011, 9:05 AM
Another sickly day in Europe has the U.S. stock market ready to open more than 1% lower Friday, and even Treasury yields are backing up a bit.
"Eur...
Fri, Aug 19 2011, 4:19 PM
MBSonMND: MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5 101-14 : -0-10
FNMA 4.0 104-06 : -0-11
FNMA 4.5 106-04 : -0-09 ...
Fri, Aug 19 2011, 3:36 PM
More than a few of you have asked for a chart of the relative performance of MBS versus Treasuries. Here a couple quickies that I think really illust...
Fri, Aug 19 2011, 2:22 PM
Despite a volatile back-drop, mortgage rates continue to hover near all-time lows.
The reason we bring up volatility again is, although many len...
Thu, Aug 18 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-28 : +0-11
...
Thu, Aug 18 2011, 8:26 AM
Treasury prices are soaring and equity futures are tumbling and as a major equity sell-off in Europe has crossed the Atlantic, triggered by renewed co...
Thu, Aug 18 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-20 : +0-02
...
Thu, Aug 18 2011, 4:11 PM
Today is one of those days where the importance of NOT paying attention to
the Treasury market for mortgage rate indications is strikingly clear. Al...
Thu, Aug 18 2011, 3:51 PM
Lots to cover so we'll dig right into it. First of all, it's hard to miss the fact that 10yr notes dipped below 2% today . 10's are still nearly a ...
Wed, Aug 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-10 : -0-01
...
Wed, Aug 17 2011, 8:29 AM
Treasuries are steady and equities are rising Wednesday morning as investors shift focus from European debt problems to macroeconomic data and corpora...
Wed, Aug 17 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-20 : +0-10
...
Wed, Aug 17 2011, 4:02 PM
Borrowing costs improved once again today. Mortgage rates are hovering near all-time lows.
Though many lenders have greatly improved their cons...
Tue, Aug 16 2011, 11:21 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
100-25 : -0-01
...
Tue, Aug 16 2011, 8:02 AM
Benchmark Treasury yields ticked higher yesterday in a quiet trading environment as stocks rallied for the third straight session. The 10-year note w...
Tue, Aug 16 2011, 4:54 PM
Borrowing costs improved today and rates remain in all-time best
territory. Mortgage rates were perhaps slightly
better last Wednesday, but eithe...
Tue, Aug 16 2011, 4:21 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
101-10 : +0-17
...
Mon, Aug 15 2011, 11:27 AM
Rates are bouncing around near record lows set last October and consumers are looking to seize the opportunity. There's always a rush by consumers and...
Mon, Aug 15 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
100-31 : -0-01
...
Mon, Aug 15 2011, 8:37 AM
Is the volatility over? Only a fool would say yes for certain, but so far, markets are calm.
Treasury movements are relatively modest. The two-year...
Mon, Aug 15 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-25 : -0-07
...
Mon, Aug 15 2011, 3:36 PM
Mortgage rates re-entered record-low territory last week, one-day
after the Federal Reserve announced it would continue lending cash to
banks at a...
Fri, Aug 12 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-11 : +0-27
...
Fri, Aug 12 2011, 8:25 AM
Fixed income and equities are each improving Friday morning with the stock market rising nearly half a percentage point while Treasuries are picking t...
Fri, Aug 12 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Thu, Aug 11 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-18 : -0-07
...
Thu, Aug 11 2011, 8:29 AM
Every morning is a whole new world in the markets this week. Today the themes are mixed price action in Treasuries and a continued sell-off in equiti...
Thu, Aug 11 2011, 4:40 PM
Consumer borrowing costs ticked higher today in another volatile trading session (multiple reprices experienced). Mortgage rates are still in record ...
Thu, Aug 11 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
100-25 : -0-31
...
Wed, Aug 10 2011, 11:15 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
101-23 : +0-25
...
Wed, Aug 10 2011, 8:55 AM
Equity markets soared in the final 110 minutes of trading on Tuesday, but optimism appears to have petered out overnight.
After the Federal Reserve...
Wed, Aug 10 2011, 6:40 PM
We experienced some wild price swings today but consumer borrowing costs improved in the end. In many cases those improvements were significant.
C...
Wed, Aug 10 2011, 4:15 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
102-07 : +1-09
...
Tue, Aug 9 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
...
Tue, Aug 9 2011, 8:19 AM
An early read from morning markets suggests the equity unraveling might be over, but much depends on the monetary policy announcement from the Federal...
