Articles

MBS RECAP: Putting MBS Underperformance in Perspective

No Comments

Posted To: MBS Commentary

Putting MBS Underperformance in Perspective Rates are low. Unless coronavirus wins, rates should continue to gradually move higher, but not in a straight line. At times (like today), we may see the mortgage market weaken while Treasuries improve. Today's video breaks that down in easily digestible detail. Econ Data / Events 11:30-11:50 AM (ET) – Fed 30yr UMBS Buying Market Movement Recap 08:43 AM Bonds began the overnight session fairly flat but popped (higher in yield) in concert with stock prices on news that China was planning on expanding US agricultural purchases. Early domestic trading brought a bit of follow-through. 10yr up 2.8bps at .735. UMBS 2.0 down an eighth vs yesterday. 11:47 AM Nice bounce at .74% ceiling in 10yr yields, and now below .72% pivot point. Nearly unchanged now…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Related Articles

More Evidence For Mass Exodus To The 'Burbs

No Comments

Posted To: MND NewsWire It has been rumored since the first wave of the coronavirus struck in some of the densely populated urban centers, especially in New York and New Jersey. Now, however, there is substantiation of a population shift from the National Association of Home Builders (NAHB). Its second[…]

Multifamily Delinquencies Ticking Up Slowly but surely

No Comments

Posted To: MND NewsWire Freddie Mac described this 7 days that its overall property finance loan portfolio amplified at an annualized amount of .4 percent in November, down from 3. percent the preceding month. The portfolio harmony at the close of the period was $two.302 trillion when compared to $two.301[…]

Leave a Reply