Mon, Aug 10 2009, 11:08 AM
In what was a volatile week, prices of mortgage backed securities moved progressively lower which unfortunately forced lenders to raise the par 30 yea...
Fri, Aug 7 2009, 12:53 PM
Early reports from fellow mortgage professionals are indicating higher rates this morning. The par 30 year conventional rate mortgage is now in the 5...
Thu, Aug 6 2009, 12:28 PM
Weaker than expected economic data on the services sector of our economy lead to a brief rally in mortgage backed securities yesterday. However, as t...
Wed, Aug 5 2009, 1:36 PM
This morning, mortgage backed securities began to continue their recent trend of moving lower in price which tends to increase mortgage rates, however...
Tue, Aug 4 2009, 12:33 PM
Following better than expected manufacturing data, domestically and abroad, Treasuries and Mortgage Backed Securities sold off yesterday, returning al...
Mon, Aug 3 2009, 11:58 AM
Last week mortgage rates were up, then they were down, then they were up, then on Friday they finally moved under 5% again. Following a successful auc...
Fri, Jul 31 2009, 12:24 PM
The roller coaster theme continued yesterday but in reverse from the prior two days. If you recall, on both Tuesday and Wednesday mortgage backed se...
Fri, Jul 31 2009, 6:16 PM
Not too often do we see a MBS rally on Friday, but it is happening today. Currently MBS are up .75 basis points which has resulted in most lenders r...
Thu, Jul 30 2009, 11:38 AM
The theme of the week continues. Mortgage backed securities were again unable to hold onto early morning gains following a less than expected Durable...
Wed, Jul 29 2009, 11:59 AM
The roller coaster theme of recent weeks continues. Yesterday mortgage backed securities were unable to hold onto impressive early morning gains follo...
Tue, Jul 28 2009, 12:52 PM
Reports from fellow mortgage professionals are indicating that mortgage rates are improved this morning. The par 30 year conventional rate mortgage i...
Mon, Jul 27 2009, 1:24 PM
Last week was roller coaster for mortgage backed securities. After a nice rally on Tuesday and Wednesday which brought the par 30 year fixed rate mor...
Fri, Jul 24 2009, 11:02 AM
In what has become a common occurrence of late, mortgage rates failed to hold below 5%. Following a sizeable rally earlier in the week, mortgage back...
Thu, Jul 23 2009, 12:18 PM
Mortgage rates ticked lower yesterday after mortgage backed securities rallied on Tuesday. However, yesterday weakness in fixed income began to snowba...
Wed, Jul 22 2009, 11:09 AM
Mortgage backed securities and treasuries went on quite a rally yesterday following Ben Bernanke’s first day of testimony on Capitol Hill. After open...
Tue, Jul 21 2009, 1:02 PM
Reports from fellow mortgage professionals indicate that mortgage rates are a few basis points lower today. This places the par 30 year conventional...
Mon, Jul 20 2009, 12:41 PM
Last week proved to be tough for mortgage backed securities. Many mortgage professionals and consumers alike cheered as rates opened Monday at 4.875%...
Fri, Jul 17 2009, 12:43 PM
Mortgage backed securities managed to stabilize yesterday
and recapture most of the losses over the previous couple of
days. This improvement ...
Thu, Jul 16 2009, 1:11 PM
Mortgage rates took another step higher yesterday following a 3% rally in the stock market. Tame inflation and “not as bad” industrial production numb...
Wed, Jul 15 2009, 12:38 PM
Mortgage backed securities had another losing day yesterday moving lower in price by .375 in discount. Many lenders did reprice for the worse as the ...
Tue, Jul 14 2009, 12:54 PM
After spending the majority of the session in a stable range yesterday, prices of mortgage backed securities lost their steadiness and ticked lower h...
Mon, Jul 13 2009, 12:59 PM
Last week, progress was made in the mortgage market as Treasuries rallied and prices of mortgage backed securities moved higher. By week's end "rate s...
Fri, Jul 10 2009, 12:54 PM
Price of "rate sheet influential" mortgage backed securities lost some ground yesterday following tepid demand at the 30 yr bond auction. More than an...
Thu, Jul 9 2009, 12:44 PM
Mortgage backed securities posted big gains yesterday following a surprisingly strong 10 yr Treasury note auction. The bid to cover ratio, a measu...
Wed, Jul 8 2009, 10:45 AM
As I stated in yesterday’s blog, continued improvements in prices of mortgage backed securities (as price goes higher, rates go lower) will require f...
Tue, Jul 7 2009, 12:02 PM
Mortgage backed securities managed to post modest gains yesterday in very light trading. All markets, from stocks to treasuries, are at tipping poin...
Mon, Jul 6 2009, 11:24 AM
After making little to no ground during the holiday shortened work week, mortgage backed securities are still in search of clear direction. Last week...
Thu, Jul 2 2009, 12:13 PM
Price of mortgage-backed securities progressively moved higher as the day wore on yesterday, after all was said and done loses from the prior day were...
Wed, Jul 1 2009, 12:02 PM
Tue, Jun 30 2009, 1:04 PM
Mon, Jun 29 2009, 11:29 AM
Fri, Jun 26 2009, 12:19 PM
Thu, Jun 25 2009, 12:10 PM
Wed, Jun 24 2009, 10:36 AM
Tue, Jun 23 2009, 12:38 PM
Mon, Jun 22 2009, 12:03 PM
Fri, Jun 19 2009, 11:22 AM
Thu, Jun 18 2009, 9:03 AM
Wed, Jun 17 2009, 8:38 AM
Tue, Jun 16 2009, 8:49 AM
Mon, Jun 15 2009, 7:15 AM
Fri, Jun 12 2009, 11:31 AM
Thu, Jun 11 2009, 12:58 PM
Wed, Jun 10 2009, 12:42 PM
Tue, Jun 9 2009, 11:27 AM
Mon, Jun 8 2009, 12:12 PM
Wed, Jun 3 2009, 11:56 AM
Tue, Jun 2 2009, 12:03 PM
Get Mortgage Rate Watch by Email
