Fri, Jun 10 2011, 3:38 PM
After tearing down "The Wall" last Friday, the mortgage rate rally stalled and went sideways this week.
We'd describe this pause as mortgage rates...
Thu, Jun 9 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-08 : -0-06
...
Thu, Jun 9 2011, 8:23 AM
Benchmark Treasuries traded a bit weaker in the overnight session but are gaining strength ahead of U.S. econ data and a 30-year bond auction. The 1...
Thu, Jun 9 2011, 5:04 PM
After taking a breather early in the week, home loan borrowing
costs resumed their rally yesterday. With those loan pricing improvements,
conventi...
Thu, Jun 9 2011, 4:26 PM
June Freddie and Fannie 30 year fixed MBS coupon have begun the
settlement process and it will soon look like MBS prices just plummeted.
WHY???...
Thu, Jun 9 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-31 : -0-15
...
Wed, Jun 8 2011, 12:00 PM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-10 : +0-10
...
Wed, Jun 8 2011, 8:36 AM
A downbeat speech from Fed Chairman Ben Bernanke had the effect of erasing gains in the stock market and reversing losses in Treasuries yesterday. The...
Wed, Jun 8 2011, 5:23 PM
In short, tonight is all about the charts.
Just like our recent discussion on "History Repeating Itself," (read it if you haven't! It's pret...
Wed, Jun 8 2011, 5:02 PM
After taking a brief breather early in the week, home loan borrowing costs have resumed their rally. With today's loan pricing improvements, conventio...
Wed, Jun 8 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-15 : +0-15
...
Tue, Jun 7 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-22 : -0-07
...
Tue, Jun 7 2011, 8:38 AM
Rate sheets seem set to weaken once again as benchmark Treasuries get off to another slow start and MBS prices follow the leader into lower price terr...
Tue, Jun 7 2011, 6:05 PM
Mortgage rate watchers were reminded once again today of the threats they face when floating a loan on a shortened timeline.
Although consumer rat...
Tue, Jun 7 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-04 : +0-07
...
Mon, Jun 6 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-25 : -0-09
...
Mon, Jun 6 2011, 9:38 AM
If deteriorating stock market sentiment turns a corner this week, it's unlikely to be a function of optimistic data. The calendar of events is simply ...
Mon, Jun 6 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-29 : -0-05
...
Mon, Jun 6 2011, 4:15 PM
"The Wall" was seen wavering last Wednesday, teetering in its most precarious
position this year. But we needed more proof that it was ready to be t...
Fri, Jun 3 2011, 11:17 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-27 : +0-02
...
Fri, Jun 3 2011, 11:05 AM
Mortgages have fallen sharply from their best levels of the day after stocks bounced from session lows.
Although the Fannie Mae 4.0 is still in th...
Fri, Jun 3 2011, 9:58 AM
You can exhale. Jobs data was even weaker than recently downgraded forecasts. Bonds are rallying, recovering almost all of yesterday's sell-off alread...
Fri, Jun 3 2011, 8:17 AM
Rising jobless claims and Wednesday's much weaker ADP private jobs report have severely diminished forecasts for the all-important Nonfarm Payrolls ...
Fri, Jun 3 2011, 5:11 PM
The bond market has been building
toward today for some time-weeks, maybe months.
The most recent stage of the MBS rally has been in motion since ...
Fri, Jun 3 2011, 4:55 PM
On Wednesday we witnessed the second stage of a potentially significant
shift lower in
home loan borrowing costs. "The Wall" was wavering, t...
Fri, Jun 3 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-01 : +0-08
...
Thu, Jun 2 2011, 11:20 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-01 : -0-11
...
Thu, Jun 2 2011, 8:25 AM
Benchmark Treasuries begin the U.S. session slightly worse than yesterday's best levels after weak econ data pushed the 10-year Treasury yield down 11...
Thu, Jun 2 2011, 5:24 PM
Although Moody’s threatened to downgrade the U.S. credit rating again and Greece agreed to another bailout “in principle”, which led to a short sellin...
Thu, Jun 2 2011, 4:20 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-27 : -0-18
...
Thu, Jun 2 2011, 2:59 PM
Yesterday we witnessed the second stage of a potentially significant shift lower in
home loan borrowing costs. While these developments were encoura...
Thu, Jun 2 2011, 2:05 PM
MBSonMND Econ Calendar : Week Of Mon, Jun 6 2011 - Fri, Jun 10 2011
Time
...
Wed, Jun 1 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
97-10 : +0-23
...
Wed, Jun 1 2011, 9:00 AM
Loan pricing is set to improve by 12 to 25bps this morning after disappointing ADP Private Payrolls survey results.
The ADP Employment Report showe...
Wed, Jun 1 2011, 5:55 PM
We are witnessing the second stage of a significant shift lower in home loan borrowing costs. While these secondary signs are encouraging, they are ju...
Wed, Jun 1 2011, 5:33 PM
Here we are again. History seems to be repeating itself as we head into the summer months.
The market got all excited about a speedy economic reco...
Wed, Jun 1 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
97-16 : +0-29
...
Tue, May 31 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-22 : +0-03
...
Tue, May 31 2011, 9:05 AM
The week ahead holds key jobs data that will likely dictate market directionality as the 2nd Quarter comes to a close. The monthly Employment Situati...
Tue, May 31 2011, 5:33 PM
The holiday shortened week ahead will culminate with a high-risk event: the release of the monthly Employment Situation Report on Friday morning. This...
Tue, May 31 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-22 : +0-03
...
Fri, May 27 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-23 : -0-06
...
Fri, May 27 2011, 8:25 AM
Treasuries are backing up slightly after a strong rally pushed yields to new 2011 lows on Thursday. And mortgages are following the leader, which mean...
Fri, May 27 2011, 4:26 PM
"The Wall"
absorbed a direct hit yesterday. A sizeable crack is now visible in the
metaphorical structure that stands in the way of lower mortga...
Fri, May 27 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-19 : -0-10
...
Thu, May 26 2011, 11:16 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
96-20 : +0-15
...
Thu, May 26 2011, 10:54 AM
"Rate sheet influential" MBS coupons are following Treasury prices higher as traders cover short positions before the long weekend ahead.
This bul...
Thu, May 26 2011, 8:27 AM
Loan pricing looks to weaken moderately this morning as bond prices fell overnight and equities rose on news that China would be investing in Portugue...
Thu, May 26 2011, 5:14 PM
"The Wall"
absorbed a direct hit today. A sizeable crack is now visible in the
metaphorical structure that stands in the way of lower mortgage r...
Thu, May 26 2011, 4:16 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
96-28 : +0-24
...
