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MBS Commentary

Over a decade and counting! Mortgage News Daily has provided daily MBS market commentary to the mortgage industry since 2007.

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 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 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 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 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 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 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...

NEW MBS RECAP: Off the Price Highs

Mon, Apr 4 2011, 4:22 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-06 : +0-03 ...

NEW MBS MID-DAY: Off Price Lows. Still Lower

Fri, Apr 1 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-27 : -0-03 ...

NEW Employment Report: Improving Labor Market Lacks Wage Growth

Fri, Apr 1 2011, 10:19 AM

The Bureau of Labor Statistics has released the March 2011 Employment Situation Report . Nonfarm payroll employment increased by 216,000 in Mar...

NEW The Day Ahead: Jobs Data, Fed Speak, ISM

Fri, Apr 1 2011, 8:24 AM

It's a big day for macroeconomic news. The official Employment Situation Report prints at 8:30am eastern. Treasuries weakened overnight. The bench...

NEW MBS RECAP: Green Ending

Fri, Apr 1 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-03 : +0-06 ...

NEW MBS Break Resistance. Reprices Likely!

Fri, Apr 1 2011, 2:05 PM

At 12:10pm on the MBS Dashboard, we said, ...

NEW MBS MID-DAY: Steep Drop-Off Seen

Thu, Mar 31 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-01 : -0-06 ...

NEW The Day Ahead: Jobless Claims and a Few Fed Speakers

Thu, Mar 31 2011, 8:29 AM

Treasuries traded ina quiet overnight environment. The benchmark 10-year note chopped around in a range between 3.45% and 3.42%, after firming four...

NEW MBS RECAP: Reprices Both Ways

Thu, Mar 31 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-32 : -0-07 ...

NEW Last Day to Lock Before Originator Comp Rule Change

Thu, Mar 31 2011, 1:30 PM

If you've seen a few reprice alerts, had your pricing suspended or just want to know what's going on because the line on the chart moved in the wr...

NEW MBS MID-DAY: In the Green Before $29-Billion 7s

Wed, Mar 30 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 93-31 : +0-08 ...

NEW Leak Discovered Revealing MBS Trading Direction!

Wed, Mar 30 2011, 9:01 AM

Wait what? The title is appropriate... you just have to note my sarcasm. I was trying to think of a way to convey the following: we really hope t...

NEW The Day Ahead: Private Payrolls +201,000. Rates Unchanged

Wed, Mar 30 2011, 8:53 AM

Rates are holding near yesterday's highs while equities move off overnight lows in the wake up another positive jobs from report from Automatic Da...

NEW MBS RECAP: Reprices Reported After Auction

Wed, Mar 30 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-06 : +0-15 ...

NEW MBS MID-DAY: Chopping Lower

Tue, Mar 29 2011, 11:17 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-04 : -0-03 ...

NEW The Day Ahead: Home Prices, Consumer Confidence, QRM, Treasury Auction

Tue, Mar 29 2011, 8:51 AM

The U.S. session gets underway with FNCL 4.5's down 3 ticks at 101-22, the 10yr note yield 1.65 bps higher at 3.455, and S&P futures bid up 3 poin...

NEW MBS RECAP: Lows of the Day

Tue, Mar 29 2011, 4:17 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-26 : -0-13 ...

NEW MBS MID-DAY: Making a Comeback

Mon, Mar 28 2011, 11:21 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-01 : -0-03 ...

NEW The Week Ahead: Jobs Data, QRM Definition, Technical Pressures

Mon, Mar 28 2011, 9:19 AM

The week begins with rate sheet influential MBS coupons below key support and the 10-year note trading in a bearish trend channel after key suppor...

NEW MBS RECAP: Quiet Recovery

Mon, Mar 28 2011, 4:21 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-06 : +0-02 ...

NEW MBS MID-DAY: Spreads Tighten

Fri, Mar 25 2011, 11:16 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-11 : +0-01 ...

NEW The Day Ahead: GDP Revision, Consumer Sentiment, Fed Speak

Fri, Mar 25 2011, 8:30 AM

Equities rose and Treasuries backed up yesterday despite a backdrop of weak housing data, poor durable goods orders, the likelihood of another Eur...

NEW Rate Techs: Key Support Broken. Auction Supply Ahead

Fri, Mar 25 2011, 5:36 PM

"DURATION DRIFT IN THE NEW YEAR" That was the first thing I posted on my FB page as the clock ticked past midnight on 1.1.11. What it means is...

NEW MBS RECAP: 3/25/2011

Fri, Mar 25 2011, 4:16 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 ...

NEW MBS MID-DAY: Outperforming Benchmarks

Thu, Mar 24 2011, 11:16 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-17 : -0-07 ...

NEW Rate Techs: Inching Toward a Bearish Breakdown

Thu, Mar 24 2011, 10:44 AM

After testing 3.40% earlier this morning, we think now is the perfect time to remind readers of the pending shift in the bond market's directional b...