pretty appreciable tank in the curve.Reprices for the worse are a reality for savvy lenders.Good time to lock deals closing this week or potentially even early next week. It's entirely possible rates will be better as soon as this afternoon, but if you can't afford to ride out this choppiness, cash in your gains and move on to the next deal.if you want to risk it, we'... ...CONTINUED - Read More Now
Read more »Wednesday 10/22 ... Sell Off
http://www.mortgagenewsdaily.com –
Wednesday 10/22 ... Bearer of Bad News
http://www.mortgagenewsdaily.com –
Who knows if this will turn around, but as of now, we're down 6 ticks. Actually, in a way, that's good news since we advised locking in the short term yesterday. Still, no one likes to be in the red. Phone calls are being made to get you some more color on this morning's drop and we'll be back with details when we have them. Read More Now
Read more »Wednesday 10/22 ... Morning Update
http://www.mortgagenewsdaily.com –
Owing to some serious weakness overseas overnight and currently in equities futures, fixed income has picked up the bid.Spreads are wider though, so this may be fleeting if stocks edge towards positive. The 10 year is up 8 ticks whereas the 5.5 MBS is only up half a tick. Still, if things are able to hold here, it should help "un-do" a few of yesterd... ...CONTINUED - Read More Now
Read more »Wednesday 10/22 ... Bit of an early fade...
http://www.mortgagenewsdaily.com –
5.5's down to 100-14 which is 3 ticks off from the close, BUT actually one tick UP from "going out" levels.So, depending on when your lender repriced, if they repriced, this is not yet a threat. Read More Now
Read more »Tuesday 10/21 ... The Rally Continues
http://www.mortgagenewsdaily.com –
Our 5.5 mbs are at 100-17, up 21 ticks from yesterdays close. Lenders that priced early may reprice .125 to the better.
Read More Now
Tuesday 10/21 ... Weakness persisting and gathering some momentum
http://www.mortgagenewsdaily.com –
Now we are firmly in the danger zone and "ahead of the curve" lenders will reprice. More persistent weakness and additional lenders will reprice. this is likely. Technical indicators point to a potential down day tomorrow. Combined with a late "head and shoulders" in treasuries, and the unlikliness of MBS to string together numerous up days, short ter... ...CONTINUED - Read More Now
Read more »Tuesday 10/21 ... Holding Yesterdays Huge Gains
http://www.mortgagenewsdaily.com –
It's "so far so good" for MBS this morning, with the 5.5 coupon currently at 100-09, which is 13+ ticks up from the official close, but a scant single tick up from going out levels. The scheduled data calendar stays pretty dormant today with Store Sales (no one cared...), redbook (no one ever cares), BOC announcement (p-shaw! as-if!), State street confidence index at 10 ET, o... ...CONTINUED - Read More Now
Read more »Thursday 10/16 ... MBS starting to Improve
http://www.mortgagenewsdaily.com –
Our 6.0 FNMA is currently trading at 100-16 up 6 ticks from going out levels and up from the lows of the morning of 100-08 Could we have a 2nd day rally?
Full anaylsis to come. Read More Now
Read more »Wednesday 10/15 ... Here's That Graph...
http://www.mortgagenewsdaily.com –
Ok, No One Move....We're actually up two ticks at 99-21.Hey... It's still near the lows of the year, but at least we're about half a point higher than the lows of the day! Oh Cruel MBS Fate that we must celebrate such a thing!!
Read more »If you don't see your content here, learn more about importing to on this page. |
 |
Buzz Words
Navigation
User login
Syndicate
