Posts Tagged ‘mbs’
December 6, 2010
December 6th, 2010 | 
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.51% | -0.02% |
| 15 Yr FRM | 3.78% | -0.01% |
| FHA 30 Year | 4.52% | -0.03% |
| Jumbo 30 Year | 5.64% | -0.01% |
| 5/1 Yr ARM | 3.60% | -0.08% |
| View Current Mortgage Rates | Compare Rates | Updated: 12/6/10 2:43 PM | |
Latest Commentary
Mortgage Rates Inch Lower After Jobs Report. Defensive Outlook in Place - Mortgage Rate Watch
If you were out sick on fickle Friday, congratulations! You missed quite a bit of frustration. Read More
MBS Make Positive Progress. Close Above Post-NFP Price Highs - MBS Commentary
It's already been said that today was a generally quiet day in the bond market. But it's the kind of quiet we'll smile about because it took the production MBS coupon, Fannie 4.0's, 6 ticks higher than the post-NFP rally and a full point above the Friday price lows. Not a bad two-day move. Unfortunately we must cloud the underlying itensity of the... Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update | 
Tags: ARM, FHA, FRM, mbs, NFP | 
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November 3, 2010
November 3rd, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.28% | -0.01% |
| 15 Yr FRM | 3.63% | 0.02% |
| FHA 30 Year | 4.35% | -0.03% |
| Jumbo 30 Year | 5.44% | -0.01% |
| 5/1 Yr ARM | 3.15% | 0.01% |
| View Current Mortgage Rates | Compare Rates | Updated: 11/3/10 8:06 PM | |
Latest Commentary
QEII MORTGAGE RATE ALERT: Nobody Panic - Mortgage Rate Watch
Remember our MND RateWatch motto? Play the range until the range plays you. Bernanke didn't play us and it doesn't seem like he intends to anytime soon. Let's keep playing the range until he does. That means we should at least give the bond market a chance to sort through the details of this program (me included). We should at least give $850,000,000... Read More
Long Bond Ripped as Fed Focuses Buys on Belly. DON'T PANIC!!! - MBS Commentary
The FOMC has directed the Open Market desk to purchase an additional $600 billion of longer-term Treasury securities by the end of the second quarter of 2011.This is what we expected! Unforunately the long end of the yield curve sold off and pulled MBS prices lower as profit takers ripped the long bond after realizing the Fed would focus their asset... Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update |
Tags: FED, FRM, mbs, range, rate |
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October 19, 2010
October 19th, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.20% | -0.02% |
| 15 Yr FRM | 3.55% | -0.02% |
| FHA 30 Year | 4.26% | -0.03% |
| Jumbo 30 Year | 5.45% | -0.01% |
| 5/1 Yr ARM | 3.43% | -0.03% |
| View Current Mortgage Rates | Compare Rates | Updated: 10/19/10 9:04 PM | |
Latest Commentary
Mortgage Rates Rally as Industry Absorbs Another Negative Headline - Mortgage Rate Watch
On first releases of rate sheets this morning, consumer borrowing costs were basically unchanged. However after stocks really began selling off (following the BoA news above), investors reallocated funds more aggressively into benchmark Treasuries and agency MBS. This allowed lenders to reprice for the better. At day's end, consumer closing costs had... Read More
MBS at Session Highs. Loan Pricing Flat. Reprices for Better Possible - MBS Commentary
Stocks are flagging lower, the yield curve is bull flattening, and positive price appreciations across the curve have led rate sheet influential MBS coupons to their session highs following several successful retests of a highly trafficked internal trendline. Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update |
Tags: curve, FRM, mbs, news, October |
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August 4, 2010
August 4th, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.48% | -0.04% |
| 15 Yr FRM | 3.90% | -0.03% |
| FHA 30 Year | 4.52% | -0.06% |
| Jumbo 30 Year | 5.85% | -0.05% |
| 5/1 Yr ARM | 3.54% | -0.02% |
| View Current Mortgage Rates | Compare Rates | Updated: 8/4/10 8:11 PM | |
Latest Commentary
Record Low Mortgage Rates Face Test on Friday - Mortgage Rate Watch
The official Employment Situation report is slated to be released this Friday at 8:30am eastern. This event holds the most potential to move mortgage rates. At the moment, conditions in the secondary market are not supportive of mortgage rates moving any lower than current levels. This implies anyone floating their loan on a short timeline, as in... Read More
MBS Prices Falling as Markets Evaluate Appetite for Risk - MBS Commentary
Morning data is behind us and the market is making an originator unfriendly directional move... Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update |
Tags: ARM, FHA, FRM, mbs, mortgage |
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July 20, 2010
July 20th, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.68% | 0.02% |
| 15 Yr FRM | 4.06% | 0.01% |
| FHA 30 Year | 4.69% | 0.01% |
| Jumbo 30 Year | 6.10% | 0.02% |
| 5/1 Yr ARM | 3.70% | 0.02% |
| View Current Mortgage Rates | Compare Rates | Updated: 7/20/10 8:15 PM | |
Latest Commentary
Mortgage Rates Not Following the Directional Guidance of MBS Market - Mortgage Rate Watch
Mortgage rates have not been following the directional guidance of MBS prices lately. The best mortgage rates have been holding in the 4.375 to 4.625% range for the last few weeks. While we've seen some ups and downs more recently, mortgage rates are generally unchanged on a week over week basis. With that in mind, the only loans I would consider... Read More
Rates Chop Around Range as Stocks Rally. Rebate Already Reduced - MBS Commentary
Just as they did yesterday, stocks are making a push higher as we head into the close. While the "flight to safety" is losing some of its luster as risk markets rallies, benchmark Treasury yields are contained by the range. Loan pricing is 9.9 bps WORSE (on average). This makes reprices for the worse unlikely.. Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update |
Tags: directional, FRM, guidance, mbs, range |
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July 15, 2010
July 15th, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.64% | -0.04% |
| 15 Yr FRM | 4.03% | -0.03% |
| FHA 30 Year | 4.64% | -0.05% |
| Jumbo 30 Year | 6.05% | -0.03% |
| 5/1 Yr ARM | 3.65% | -0.03% |
| View Current Mortgage Rates | Compare Rates | Updated: 7/15/10 8:02 PM | |
Latest Commentary
Lenders Reduce Margins. Loan Pricing as Aggressive as Ever - MBS Commentary
Rate sheet influential MBS got their keister kicked by Treasuries today but price levels rose enough to give lenders a chance to reprice for the better. Read More
Mortgage Rates: Are We Witnessing a Loan Pricing War? - Mortgage Rate Watch
Call me crazy but I think we've been witnessing a lender price war in the primary mortgage market. Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update |
Tags: FHA, FRM, mbs, Pricing, war |
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July 14, 2010
July 14th, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.68% | 0.02% |
| 15 Yr FRM | 4.06% | 0.01% |
| FHA 30 Year | 4.69% | 0.03% |
| Jumbo 30 Year | 6.08% | 0.02% |
| 5/1 Yr ARM | 3.68% | 0.03% |
| View Current Mortgage Rates | Compare Rates | Updated: 7/14/10 8:14 PM | |
Latest Commentary
Mortgage Rates: Are We Witnessing a Loan Pricing War? - Mortgage Rate Watch
Call me crazy but I think we've been witnessing a lender price war in the primary mortgage market. Read More
30 Year Bond Auction Results and Market Reaction - MBS Commentary
After the auction/Ahead of the FOMC minutes, traders are acting as if they expect to see bearish outlooks in the FOMC minutes.Stocks, which retested 1086 early in the day, are heading back toward another test of 1086. The benchmark 10yr note is closing in its low yield of the day and Rate Sheet Influential MBS prices are just off their high print of... Read More
Provided by Mortgage News Daily
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update |
Tags: FOMC, FRM, loan, mbs, war |
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FHFA Looks to Reduce GSE Liability For Losses on Private Label MBS Investments
July 12th, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
The Federal Housing Finance Agency (FHFA) has issued subpoenas to 64 companies seeking loan documents and other information related to private-label mortgage-backed securities (PLS). The PLS are those that the two government sponsored enterprises (GSEs) Freddie Mac and Fannie Mae invested in during the housing boom. FHFA refused to divulge the identities of the parties to whom the subpoenas have been addressed, beyond saying that they were directed to the trustees and servicers controlling or holding the documentation. The purpose was to obtain loan files and other transaction documents pertaining to the PLS in order to analyze them and determine whether losses sustained by the GSEs from their investments are "the legal responsibilities of others." The subpoenas target only those...(read more)
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Posted in Industry News, MND NewsWire, Mortgage News Daily |
Tags: GSEs, Housing, Investments, mbs, Reduce |
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Housing Headlines Disappoint. Mortgage Rates at 2009 Lows
June 23rd, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
2010 has been the year of "near record low" mortgage rates. Regular readers are probably used to hearing us say: "We're bouncing along just above record lows" "Lenders won't go any lower" "The rewards of floating don't outweigh the risks of floating" "It would take a serious economic downturn for mortgage rates to go lower" Well. MBS prices are at all-time highs (AGAIN) and I think we can officially say mortgage rates are priced at their best levels ever. If not, we're pretty darn close! Major lenders were actually buying 4.25% note rates today! As far as I remember, that was the lowest rate I saw on a rate sheet last year (that didn't cost 3 points). There were some days last year when 4.125% loans were traded, but seldom...(read more)
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Posted in Industry News, Mortgage News Daily, Mortgage Rate Watch |
Tags: AGAIN, downturn, Headlines, Housing, mbs |
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June 22, 2010
June 22nd, 2010 |
Author: MortgageNewsDaily.com
This article was originally published at Mortgage News Daily. Copyright: Mortgage News Daily.
| Average Mortgage Rates | ||
| 30 Yr FRM | 4.75% | -0.02% |
| 15 Yr FRM | 4.08% | -0.02% |
| FHA 30 Year | 4.77% | -0.03% |
| Jumbo 30 Year | 6.35% | -0.05% |
| 5/1 Yr ARM | 3.68% | -0.02% |
| View Current Mortgage Rates | Compare Rates | Updated: 6/22/10 8:54 PM | |
Latest Commentary
MBS Hit New Price Highs. Lenders Holding Excess Rebate - MBS Commentary
Mortgages traded to new record price highs today. The low production volume origination environment continues to support favorable "rate sheet influential" MBS valuations. Although the August FN 4.5 MBS coupon traded 10 ticks off its lows of the day, the majority of lenders did not reprice for the better. Secondary is holding back about 25bps... Read More
This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice.
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Posted in Industry News, Mortgage News Daily, Mortgage Rates Update |
Tags: FHA, FRM, June, mbs, origination |
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