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NEW MBS RECAP: Treading Water

Tue, Apr 19 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-17 : +0-03 ...

NEW MBS MID-DAY: Recovering from Tapebomb

Mon, Apr 18 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-08 : +0-01 ...

NEW The Week Ahead: Housing and Q1 Earnings in the Spotlight

Mon, Apr 18 2011, 8:48 AM

The coming days offer little in the way of macroeconomic data, but the sparsely populated calendar does hold new stats on the housing markets. "Ho...

NEW Mortgage Rates: Limited Incentive to Float

Mon, Apr 18 2011, 4:55 PM

Home loan borrowing costs went on a winning streak last week, helping the Best Execution conventional 30-year fixed mortgage rate dip back down to 4.8...

NEW MBS RECAP: Bonds Battle Back

Mon, Apr 18 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-14 : +0-06 ...

NEW MBS MID-DAY: Recap of Econ Data

Fri, Apr 15 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-04 : +0-20 ...

NEW Rate Techs: Benchmarks Test Key Cluster of Resistance

Fri, Apr 15 2011, 11:03 AM

10yr notes have sent a clear message this week that they'd prefer to stay above 3.42%. 3.42 is a significant level from a technical perspective. I...

NEW The Day Ahead: Inflation Data, Consumer Sentiment, Fed Speak

Fri, Apr 15 2011, 8:29 AM

It's all about inflation today.... Benchmark Treasuries are off yesterday's yield highs as stocks leak lower this morning after data released in ...

NEW Mortgage Rates: Best Execution Back to 4.875%

Fri, Apr 15 2011, 4:32 PM

Home loan borrowing costs moved lower today, bringing the Best-Execution conventional 30 year fixed mortgage rate back down to 4.875%. Take a lo...

NEW MBS RECAP: Near Best Levels of Month

Fri, Apr 15 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-08 : +0-24 ...

NEW MBS MID-DAY: Key Resistance Holds

Thu, Apr 14 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-25 : +0-01 ...

NEW The Day Ahead: PPI, Jobless Claims, Bond Auction, Fed Speak

Thu, Apr 14 2011, 8:29 AM

Stock futures are lower and the Treasury market continues to firm following a volatile session yesterday. The ten-year Treasury rallied three ba...

NEW Mortgage Rates: Lenders Absorb Weakness

Thu, Apr 14 2011, 5:34 PM

Home loan borrowing costs were roughly unchanged today. This is surprising because loan pricing should have worsened given the behavior of the second...

NEW MBS RECAP: IT'S ALL ABOUT THE RANGE

Thu, Apr 14 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-18 : -0-06 ...

NEW MBS MID-DAY: Off Intraday Price Lows

Wed, Apr 13 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-14 : -0-06 FNMA 4.0 97-24 : -0-04 ...

NEW The Day Ahead: Retail Sales, $21 Billion 10s, Beige Book, Budget Politics

Wed, Apr 13 2011, 8:29 AM

The risk trade is back on today and rates are creeping higher ahead of March Retail Sales data, a $21 billion 10-year Treasury note auction, and the ...

NEW MBS RECAP: Out at Best Levels

Wed, Apr 13 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-23 : +0-03 ...

NEW Mortgage Rates: Unchanged After Reprices for Better

Wed, Apr 13 2011, 3:41 PM

Home loan borrowing costs were roughly unchanged today after reprices for the better erased morning loan pricing weakness. Whereas yesterday's im...

NEW Expensive 10-Year Auction Draws Apathetic Demand. MBS Near Highs

Wed, Apr 13 2011, 1:50 PM

Treasury just sold $21 billion reopened 10-year notes. Demand could be described as "apathetic" as investors seemed to scoff at higher prices/lowe...

NEW MBS MID-DAY: Reprices for Better Possible

Tue, Apr 12 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-22 : +0-12 ...

NEW The Day Ahead: Risk Trade Off. Rates Rallying

Tue, Apr 12 2011, 8:27 AM

Good Morning. We begin the day with benchmark 10s +14/32 at 100-24 yielding 3.532%, 5.5bps lower vs. yesterday's going out marks, and the yield cu...

NEW Mortgage Rates: Fighting Back

Tue, Apr 12 2011, 4:33 PM

Home loan borrowing costs declined significantly today, leading to an improvement in the conventional 30-year fixed Best-Execution mortgage rate. ...

NEW MBS RECAP: Reprices for Better Reported

Tue, Apr 12 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-19 : +0-09 ...

NEW Reassuring Rates Rally Gives Pause to Bearish Bias

Tue, Apr 12 2011, 3:58 PM

Risk trades were peeled off today and the bond market rallied. The directional move was more than welcome by bond bulls as it served to stave off an a...

NEW MBS MID-DAY: Quiet Rates Market

Mon, Apr 11 2011, 11:19 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-05 : -0-02 ...

NEW The Week Ahead: Treasury Auctions, Inflation, Budget Battle, Earnings Season

Mon, Apr 11 2011, 10:24 AM

The week ahead holds a wide variety of data and events. The bond market is focused on inflation reports and Treasury auctions while stock inve...

NEW Mortgage Rates: Defensive Until Further Notice

Mon, Apr 11 2011, 4:50 PM

After being stuck in the same spot for over a month, home loan borrowing costs shot higher last Wednesday at their most violent pace since early Febru...

NEW MBS RECAP: Very Slow Session

Mon, Apr 11 2011, 4:19 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-11 : +0-05 ...

NEW Monthly Roll in Process. MBS Prices Seem to Fall

Mon, Apr 11 2011, 3:25 PM

April Fannie and Freddie 30 year fixed MBS coupon have begun the settlement process and it will soon look like MBS prices just plummeted. WHY??...

NEW MBS MID-DAY: Watching CSPAN

Fri, Apr 8 2011, 11:17 AM

We're watching CSPAN, waiting to see how the shutdown plays out. We think it goes into the weekend. Either way, finger pointing and bickering has hit ...

NEW The Day Ahead: Rates Still Rising as Government Shutdown Looms

Fri, Apr 8 2011, 8:43 AM

Not much economic data is on the calendar today. Investors are focusing on whether Republicans and Democrats can find a last-minute compromise on ...

NEW MBS RECAP: The Upside of Declining Lock Volume

Fri, Apr 8 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-07 : -0-06 ...

NEW Mortgage Rates: Visualizing the Spike

Fri, Apr 8 2011, 4:10 PM

Mortgage rates moved higher this week following a RELEASE OF STORED ENERGY. The chart below graphs the average origination closing costs tie...

NEW MBS MID-DAY: Choppy Price Action!

Thu, Apr 7 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-10 : -0-01 ...

NEW The Day Ahead: ECB Raises Rates, Jobless Claims, Treasury Supply

Thu, Apr 7 2011, 8:30 AM

Interest rates are still trending higher and equities are catching a bid this morning after the European Central Bank announced a hawkish shift in mon...

NEW MBS RECAP: Up Down, Up Down

Thu, Apr 7 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-12 : +0-02 ...

NEW Mortgage Rates: Unchanged From Yesterday

Thu, Apr 7 2011, 3:33 PM

Following yesterday's abrupt move higher, home loan borrowing costs spent the day feeling out their new range. Best-Execution mortgage rates and ...

NEW Stock Lever Engaged. MBS Price Volatility Abundant

Thu, Apr 7 2011, 1:57 PM

There are cuter couples out there, but if today's stock lever performance is used as a benchmark, none are more closely joined. Far from holy ...

NEW MBS MID-DAY: More Price Weakness Seen

Wed, Apr 6 2011, 11:22 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-09 : -0-10 ...

NEW The Day Ahead: Econ Calendar Empty. Rates Moving Higher

Wed, Apr 6 2011, 8:43 AM

Treasuries weakened across the yield curve Tuesday as bond investors expressed their nervous sentiments over a few increasingly vocal inflation hawks ...

NEW Mortgage Rates: Stored Energy Released!

Wed, Apr 6 2011, 4:38 PM

After being stuck in the same spot for over a month, home loan borrowing costs shot higher today at their most violent pace since early February. Bes...

NEW MBS RECAP: Support Broken

Wed, Apr 6 2011, 4:21 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-09 : -0-10 ...

NEW STREET POLL: Where Will Rates Be Next Year?

Wed, Apr 6 2011, 3:54 PM

On March 11th we wrote , "Lots of headlines to digest lately. What region is the market focused on again? North Africa, the Middle East, Spain, Portu...

NEW MBS MID-DAY: Reprices for Worse Possible

Tue, Apr 5 2011, 11:22 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-31 : -0-09 ...

NEW The Day Ahead: Portugal Downgrade, FOMC Minutes, ISM

Tue, Apr 5 2011, 8:30 AM

The European debt crisis is back in focus today. Interest rates are mostly unchanged while equity futures are being pressured lower this morning ...

NEW MBS RECAP: Out at Session Lows. Reprices Reported

Tue, Apr 5 2011, 4:22 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-20 : -0-19 ...

NEW Mortgage Rates: More Drifting in Wrong Direction

Tue, Apr 5 2011, 4:10 PM

Home loan borrowing costs inched modestly higher today. Best-Execution mortgage rates didn't budge. As noted on several occasions, the broader bond...

NEW Rates Weakness Attributed to FOMC Hedge, Repo Rumors

Tue, Apr 5 2011, 1:25 PM

After coming in the door slightly better than yesterday, bond markets took a relatively abrupt turn for the worse--one open to a bit of speculatio...

NEW MBS MID-DAY: Slow Start

Mon, Apr 4 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-13 : +0-10 ...

NEW The Week Ahead: Fed Speak, FOMC Minutes, More Fed Speak

Mon, Apr 4 2011, 8:34 AM

In stark contrast to the week just passed, the week ahead offers no auction supply and a light schedule of economic data, which leaves investors t...