Latest MBS Articles

This website requires Javascrip to run properly.

MBS Commentary

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

NEW MBS RECAP: 3/8/2011

Tue, Mar 8 2011, 4:16 PM

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

NEW MBS Settlement Process Underway. Does the Roll Hurt Loan Pricing?

Tue, Mar 8 2011, 3:56 PM

March Fannie and Freddie 30 year fixed MBS coupon have begun the settlement process and it will soon look like MBS prices just plummeted (more than ...

NEW 3-Year Note Auction Recap: Decent Demand. Dealers Do Heavy Lifting

Tue, Mar 8 2011, 1:52 PM

Treasury just sold $32 billion 3-year notes. The bid to cover ratio, a measure of auction demand, was 3.22 bids submitted for every 1 accept...

NEW MBS MID-DAY: Recovering as Stocks Unwind Gains

Mon, Mar 7 2011, 11:16 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-05 : -0-02 ...

NEW Rates Drift Higher in Low Trading Volume. Keep an Eye on Stocks

Mon, Mar 7 2011, 10:47 AM

Oil prices are up. Stock indexes are up. Treasury yields are up. MBS prices are not... OVERNIGHT NEWS... Fed Unlikely to Remove Its Economic...

NEW The Week Ahead: Consumer Check-Up, Treasury Auctions, Class A MBS Settlement

Mon, Mar 7 2011, 9:25 AM

The economic data calendar thins out a bit but market watchers still have plenty of news and events to absorb in the days ahead. MND expects inves...

NEW MBS RECAP: Off Best Levels of the Day

Mon, Mar 7 2011, 4:16 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-30 : -0-10 ...

NEW MBS Near Best Levels in a Month. Reprices Reported

Mon, Mar 7 2011, 2:06 PM

A comment from the MBSonMND Dashboard : (3/7/11 -- 1:17pm): FNCL 4.5's aren't merely holding near some of the highest prices in a month--102-...

NEW JOBS REPORT: Payrolls +192,000. UNR at 8.9%. Wages Flat

Fri, Mar 4 2011, 10:01 AM

Plain and Simple: When viewed on the spot, this was a strong monthly jobs report. The headline NFP print was close to consensus. The unemploymen...

NEW The Day Ahead: Non-Farm Payrolls, Unemployment Rate, Hourly Wages, Factory Orders

Fri, Mar 4 2011, 8:17 AM

Interest rates moved mostly sideways in light overnight trading volumes. The same thing goes for stocks, totally sideways in a quiet marketplace....

NEW MBS RECAP: REPRICES REPORTED

Fri, Mar 4 2011, 4:16 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-09 : +0-22 ...

NEW Rate Techs: Short-Term Targets Identified

Fri, Mar 4 2011, 2:17 PM

After some harrying high volatility moments in the immediate wake of the Employment Situation Report, benchmark 10's have dug in at their best lev...

NEW MBS MID-DAY: Reprices for Better Possible

Fri, Mar 4 2011, 2:16 PM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-03 : +0-16 ...

NEW Hawkish Inflation Rhetoric Sparks Short Selling in Bond Market

Thu, Mar 3 2011, 12:37 PM

Where to begin where to begin.... The obvious observation is interest rates are higher today. The directional move began yesterday after the Bei...

NEW MBS MID-DAY: REPRICE ALERT

Thu, Mar 3 2011, 11:16 AM

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

NEW The Day Ahead: Initial Claims, Productivity, Treasury Supply, Fed Speak

Thu, Mar 3 2011, 8:29 AM

Interest rates have yet to recover from the sell-off that played out following the release of the Fed's Beige Book yesterday afternoon. Stocks on ...

NEW Employment Situation Report Preview and Outlook

Thu, Mar 3 2011, 5:41 PM

The bond market has effectively been rallying since the 10th of February. There are two ways to look at that rally, as either CORRECTIVELY BEARISH...

NEW MBS RECAP: Reprices for the Worse Reported

Thu, Mar 3 2011, 4:16 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 93-18 : -0-17 ...

NEW Inflation Expectations Distorted by Bullish Perspectives of Reality

Thu, Mar 3 2011, 4:10 PM

"Inflation is always and everywhere a monetary phenomenon" - Milton Friedman Milton Friedman's statement theorizes that the source of all inflatio...

NEW Rate Techs: Neutrality Found Just Before High-Risk Event.

Thu, Mar 3 2011, 2:10 PM

On days like today directional debates run rampant over "what's happening" and "what's going to happen" in the bond market. AQ saved me quite a b...

NEW MBS MID-DAY: Stock Lever Tempers MBS Rally

Wed, Mar 2 2011, 11:19 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-13 : -0-04 ...

NEW The Day Ahead: ADP Jobs Data, Bernanke Encore, Beige Book

Wed, Mar 2 2011, 8:12 AM

Production MBS coupons and benchmark Treasuries benefited from a continued flight to safety yesterday. Sparked by short covering in the interest r...

NEW MBS RECAP: 3/2/2011

Wed, Mar 2 2011, 4:20 PM

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

NEW Beige Book Recap. Reprices Possible as MBS Get Sloppy

Wed, Mar 2 2011, 3:19 PM

Following the 2pm release of the Fed's Beige Book, bonds are weaker and stocks are near their highs of the day, which really isn't all that high. ...

NEW MBS Stabilize as Stocks Lose Steam. Reprice Target Near

Tue, Mar 1 2011, 12:59 PM

From yesterday's 5pm going out marks at 101-29, FNCL 4.5's fell as low as 101-18 this morning. But after two decent showings of support, theyv'e gai...

NEW MBS MID-DAY: Off the Lows. Support Holds

Tue, Mar 1 2011, 11:19 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-07 : -0-09 ...

NEW The Day Ahead: Rates Rise Before Bernanke. U.S. Says Gaddafi Must Go

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...

NEW MBS RECAP: Losses Recovered. Reprices Reported

Tue, Mar 1 2011, 4:19 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-19 : +0-04 ...

NEW MBS MID-DAY: Quiet Session So Far

Mon, Feb 28 2011, 11:19 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-16 : +0-01 ...

NEW The Week Ahead: Jobs, Bernanke, Government Shutdown, Unrest in Middle East

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...

NEW MBS RECAP: Tight Range All Day

Mon, Feb 28 2011, 4:19 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-15 : -0-01 ...

NEW MBS MID-DAY: Stocks and Bonds Rally

Fri, Feb 25 2011, 11:18 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-14 : +0-09 ...

NEW The Day Ahead: Testing the Flight to Safety

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...

NEW MBS Directional Update: Compelling Cases Presented

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...

NEW MBS RECAP: Going Out at Best Levels of Week

Fri, Feb 25 2011, 4:18 PM

MBSonMND : MBS RECAP Open MBSonMND Dashboard FNMA 3.5 94-12 : +0-07 ...

NEW MBS Rally Holds Steady Despite Strength in Equities

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...

NEW MBS MID-DAY: Tight Range Ahead of Auction

Thu, Feb 24 2011, 11:18 AM

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

NEW The Day Ahead: Durable Goods, Jobless Claims, New Home Sales, $29bn 7s

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...

NEW MBS RECAP: Just Off the Highs

Thu, Feb 24 2011, 4:18 PM

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

NEW $29bn 7s: Decent Demand. More Reprices for Better Possible

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. ...

NEW MBS Rally Targets: Battling Profit Takers and Short Sellers

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...

NEW MBS MID-DAY: Near Intraday Highs

Wed, Feb 23 2011, 11:22 AM

MBSonMND : MBS MID-DAY Open MBSonMND Dashboard FNMA 3.5 94-04 : +0-02 ...