Delivered to over
70,000+ industry professionals
each day, the Daily Newsletter is the
definitive recap of the day's most
relevant mortgage and real estate news and data. View the latest Newsletter below.
View our most recent newsletter below, or use the date selector to view past newsletters.
Bond markets were stronger right out of the gate in the overnight session with 10yr yields opening at 2.337 and gaining another bp since then. The relatively small difference between opening and current levels is our first clue that there are no major market movers behind the rally. There are no relevant economic reports or bond-friendly headlines.
MBS Commentary
|
|
Bond markets were stronger right out of the gate in the overnight session with 10yr yields opening at 2.337 and gaining another bp since then. The relatively small difference between opening and current levels is our first clue that there are no maj... (read more)
|
|
Mortgage Rate Watch
|
|
WARNING: this article's headline makes the overall mortgage rate situation sound much better than it actually is . While it is indeed a fact that today's rates are lower than the previous business day's rates by the widest margin since Brexit, caveat... (read more)
|
|
Housing News
|
|
Black Knight Financial Services says that its Home Price Index (HPI) inched up only 0.1 percent from August to September. Monthly appreciation has declined every month since May and this was the smallest monthly increase since January's identical gai... (read more)
|
|
Rob Chrisman
|
|
Happy birthday to Tina Turner who turned 77 on Saturday. (I doubt if her personal information is at risk after HUD was hacked .) I bet Tina, who is a Swiss citizen, has some Swiss Francs in her bank account. In this country, there is currently about ... (read more)
|
|
MBS Commentary
|
|
As was the goal of most anyone involved in trading bonds, today was completely inconsequential. Recapping the action is a mere formality (indeed, for a more interesting read , check out the Day Ahead). There were no significant economic... (read more)
|
|
MBS Commentary
|
|
Remember when 10yr yields spiked from roughly 2.31% to roughly 2.41% in the blink of an eye last Wednesday? That was the day before Thanksgiving, which is typically susceptible to distortions due to lower market participation. Those dis... (read more)
|
|
|
|
|