Tue, Mar 1 2011, 8:22 AM
Stocks rallied around the globe in overnight trading and interest rates suffered in the process.
The
NIKKEI closed 1.22% higher. The Shanghai C...
Tue, Mar 1 2011, 5:02 PM
It was an exciting day in the
bond market.
Early in the trading session, the environment looked unfriendly for
mortgage rates. Stocks were rall...
Tue, Mar 1 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
94-19 : +0-04
...
Mon, Feb 28 2011, 11:19 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
94-16 : +0-01
...
Mon, Feb 28 2011, 8:24 AM
It's a busy week in terms of new economic data and events. Fed Chairman
Bernanke will share his semi-annual update on the status of the economy
an...
Mon, Feb 28 2011, 4:19 PM
MBSonMND : MBS RECAP
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FNMA 3.5
94-15 : -0-01
...
Mon, Feb 28 2011, 4:00 PM
This week begins with mortgage rates holding onto recent improvements. Last week, we discussed how a "flight to
quality" helped drive up investor de...
Fri, Feb 25 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
94-14 : +0-09
...
Fri, Feb 25 2011, 8:31 AM
We'll get a better idea today about whether or not the recent bond
market rally has been totally a factor of a flight to safety or if there
really...
Fri, Feb 25 2011, 5:58 PM
Mortgage rates benefited from a "flight to safety" this week.
A "flight to safety" happens when investors are nervous about owning
risky assets...
Fri, Feb 25 2011, 4:23 PM
On Tuesday we issued a directional MBS alert because the bond market seemed to be in the midst of shift in its underlying technical bias, from bea...
Fri, Feb 25 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
94-12 : +0-07
...
Fri, Feb 25 2011, 1:44 PM
Since the last piece of economic data for the week was released at
9:55am, MBS have been in rally mode, recently meeting resistance at
their highe...
Thu, Feb 24 2011, 11:18 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
94-06 : +0-06
...
Thu, Feb 24 2011, 8:25 AM
The 10-year Treasury note traded in a yield range of 3.49% to 3.44% overnight, after giving up three basis points and closing at 3.49% yesterday. Rat...
Thu, Feb 24 2011, 4:26 PM
Mortgage rates continue to benefit from a "flight to safety".
A "flight to safety"
happens when investors are nervous about owning risky assets l...
Thu, Feb 24 2011, 4:18 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-06 : +0-06
...
Thu, Feb 24 2011, 1:48 PM
$29bn 7s: Indirects close to average. Dealers make up for light direct
bid. BTC near average. High yield 5bps thru 1pm WI.
Not bad, not bad.
...
Wed, Feb 23 2011, 11:28 AM
As we discussed yesterday, the momentum that has been negative for
benchmark Treasuries and production MBS coupons throughout February...
may be s...
Wed, Feb 23 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
94-04 : +0-02
...
Wed, Feb 23 2011, 8:38 AM
Equity
futures are rebounding after anti-government riots in oil-rich Libya
initiated the worst single-day sell-off since August yesterday. As
s...
Wed, Feb 23 2011, 5:44 PM
Mortgage rates continue to enjoy a
period of relief after rising rapidly in recent
weeks. The extent to which this relief
period matures into a mo...
Wed, Feb 23 2011, 4:22 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Feb 23 2011, 1:38 PM
My latest tweet (AQ_MND) :
$35bn 5s not so hot. Tailed 1pm by 3bps, BTC on weak side, Dealers take
58.2%. Directs and Indirects reduce tenders an...
Tue, Feb 22 2011, 11:17 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Tue, Feb 22 2011, 8:55 AM
Equity
futures are sharply lower as the week begins following an earthquake in
New Zealand, a possible credit downgrade to Japan, and continued un...
Tue, Feb 22 2011, 4:27 PM
UPDATED CURRENT MARKET : The "Best
Execution" conventional 30 year fixed mortgage rate improved to 5.00%
today. There is an opportunity to lock ...
Tue, Feb 22 2011, 4:17 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
94-03 : +0-20
...
Tue, Feb 22 2011, 1:51 PM
The bond market seems to be in the midst of technical shift in the underlying technical bias, from bearish to bullish.
We've observed much short c...
Fri, Feb 18 2011, 11:22 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Fri, Feb 18 2011, 8:34 AM
The bellwether 10-year Treasury is yielding 3.59% this morning, after firming five basis points to 3.57% on Thursday.
Equity futures are flat this ...
Fri, Feb 18 2011, 4:29 PM
Although costs inched slightly higher today, the overall picture of this
week in mortgage rates was finalized today and it doesn't look too bad.
I...
Fri, Feb 18 2011, 4:17 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Thu, Feb 17 2011, 11:17 AM
MBSonMND : MBS MID-DAY
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FNMA 3.5
...
Thu, Feb 17 2011, 10:51 AM
Lots of econ data came out this morning and for the most part has had
good effects on the bond market as a whole, including MBS. FNCL 4.5's
are u...
Thu, Feb 17 2011, 9:22 AM
The bellwether 10-year Treasury remained stable at 3.62% on Wednesday.
Overnight it firmed one basis point to 3.61%. The two-year note
currently y...
Thu, Feb 17 2011, 4:55 PM
A 3 day winning streak for mortgage rates ended yesterday, but in gentle
fashion. This allowed us to keep our best execution 30-year fixed mortgage r...
Thu, Feb 17 2011, 4:22 PM
MBSonMND : MBS RECAP
Open MBSonMND Dashboard
FNMA 3.5
...
Wed, Feb 16 2011, 12:40 PM
Some reprices for the worse have already been seen and more may
follow if current trends prevail or even if they simply fail to reverse
course. ...
Wed, Feb 16 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
92-31 : -0-10
...
Wed, Feb 16 2011, 8:18 AM
The benchmark 10-year Treasury note yield rose one basis points to
3.62% on
Tuesday. Treasuries weakened in early overnight trading amid light
v...
Wed, Feb 16 2011, 4:55 PM
Yesterday we shared news that mortgage rates were on a three day
winning streak. This allowed us to update our best execution 30-year fixed mortgage ...
Wed, Feb 16 2011, 4:22 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Wed, Feb 16 2011, 2:29 PM
Plain and Simple : The minutes note an improving confidence
level among Board members but Fed officials remain efensive due to
anemic growth pros...
Tue, Feb 15 2011, 11:18 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-04 : +0-03
...
Tue, Feb 15 2011, 9:45 AM
The 10yr note yield hit an overnight yield high of 3.66% prior to the
release of
several economic reports this morning. FNCL 4.5's touched 100-19...
Tue, Feb 15 2011, 8:25 AM
The bellwether 10-year Treasury firmed by four basis points to 3.61% on
Monday. Overnight saw a reversal back to 3.65%. Other maturities are
also ...
Tue, Feb 15 2011, 4:18 PM
MBSonMND : MBS RECAP
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FNMA 3.5
...
Tue, Feb 15 2011, 1:41 PM
Mortgage rates are on a three day winning streak!
Yes you read
that correctly. After snapping a 5-day losing streak last Wednesday,
loan prici...
Mon, Feb 14 2011, 11:22 AM
MBSonMND : MBS MID-DAY
Open MBSonMND Dashboard
FNMA 3.5
93-07 : +0-09
...