Mon, Feb 22 2010, 6:11 PM
Mon, Feb 22 2010, 3:44 PM
Mon, Feb 22 2010, 1:57 PM
Fri, Feb 19 2010, 9:15 AM
While the Fed's gradual exit from money markets is another sign of positive economic progress off of historic lows, it does not change the fact that w...
Fri, Feb 19 2010, 6:41 PM
Reports from fellow mortgage professionals indicate higher rates this morning. The par 30 year conventional rate mortgage is in the 5.00% to 5.25% ra...
Fri, Feb 19 2010, 4:51 PM
Fri, Feb 19 2010, 1:01 PM
This is the PERFECT time to call attention to the most recent MBS WEEKLY . The Fed's decision to hike the discount rate illustrates why we think bench...
Thu, Feb 18 2010, 12:14 PM
Thu, Feb 18 2010, 11:24 AM
The FN 4.5 coupon has fallen further to the lows of the day at 100-10 as the benchmark 10 year treasury note has broken support and is currently at 3....
Thu, Feb 18 2010, 10:38 AM
Thu, Feb 18 2010, 8:46 AM
After opening to the upside, mortgages are now trading flat thanks to inflationary concerns in PPI data (if you need an explanation). The FN 4.0 is ...
Thu, Feb 18 2010, 5:33 PM
Thu, Feb 18 2010, 5:24 PM
Just like yesterday, mortgage rates moved higher at the open today...and then even higher later in the day as MBS prices fell further and lenders had ...
Thu, Feb 18 2010, 4:00 PM
Wed, Feb 17 2010, 12:02 PM
Wed, Feb 17 2010, 8:27 AM
Wed, Feb 17 2010, 5:13 PM
Wed, Feb 17 2010, 5:04 PM
After making marginal improvements yesterday, the interest rate market gave back all gains in the overnight session. This weakness was then supported ...
Wed, Feb 17 2010, 3:22 PM
Wed, Feb 17 2010, 2:01 PM
The main focus of MBS market watchers is policy maker discussions regarding the timing of asset sales. If the Fed starts to sell their MBS holdings "i...
Wed, Feb 17 2010, 1:16 PM
Tue, Feb 16 2010, 11:35 AM
Tue, Feb 16 2010, 9:20 AM
Tue, Feb 16 2010, 5:42 PM
Tue, Feb 16 2010, 4:38 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be slightly improved from yesterday, which were pretty much the same as Frid...
Tue, Feb 16 2010, 3:30 PM
Tue, Feb 16 2010, 1:56 PM
Fri, Feb 12 2010, 9:05 AM
A three day weekend is ahead. This means traders will be doing position squaring a bit earlier than usual (getting flat) which implies the market coul...
Fri, Feb 12 2010, 4:33 PM
Because the overall economic environment is cloudy and the Federal Reserve is still quite cautious, investors will remain defensive, which will preven...
Fri, Feb 12 2010, 3:56 PM
After three below average Treasury auctions and a few days of positive progress in stocks, mortgage rates are ending the week slightly higher than whe...
Fri, Feb 12 2010, 2:00 PM
Thu, Feb 11 2010, 11:58 AM
All this movement in the wrong direction and the S&P is only just beginning to test overhead resistance. Makes you wonder what might happen if stocks ...
Thu, Feb 11 2010, 8:51 AM
The RANGE is moderating further progress in stocks at the moment, until a more detailed, CONCRETE, plan is offered from EU officials, risk buyers are ...
Thu, Feb 11 2010, 5:19 PM
Thu, Feb 11 2010, 5:10 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be about the same as rates yesterday morning. This puts the par 30 year conv...
Thu, Feb 11 2010, 3:21 PM
Thu, Feb 11 2010, 1:01 PM
The bond market was clearly not interested in this auction. Rates weakness persists as we are holding outside the comfy confines of the recent range....
Wed, Feb 10 2010, 11:48 AM
Wed, Feb 10 2010, 9:08 AM
Wed, Feb 10 2010, 6:14 PM
Wed, Feb 10 2010, 4:59 PM
Mortgage Rates moved higher today.The main event on the day was the second of three US Treasury auctions scheduled for this week. Today's auction offe...
Wed, Feb 10 2010, 3:33 PM
Today's "tape-bomb", or volatile news item, was launched from the frontlines at FHLMC, somewhere in suburban Virginia, as they announced they would bu...
Wed, Feb 10 2010, 1:46 PM
Reprices for the worse--if you haven't seen them already--are still possible to probable. Try to gauge how much your lender hedged their rates for to...
Wed, Feb 10 2010, 1:02 PM
Tue, Feb 9 2010, 11:22 AM
We have been here before...over the past 6 months when equities showed signs of weakness, I actually put good thought into making a connection between...
Tue, Feb 9 2010, 8:36 AM
The sky is once again gray and the ominous smell of another winter storm has settled in over the area. This spells trouble for a region that has alrea...
Tue, Feb 9 2010, 6:38 PM
Reports from fellow mortgage professionals indicate lender rate sheets to be worse this morning., mortgage rates are higher. While the par 30 year ...
Tue, Feb 9 2010, 1:27 PM
In the wake of treasury auctions, volatility can be quite high, and it's too soon to know if this support will continue to hold or if the situation de...