Market alert 04/28/15

Posted by on Apr 28, 2015 in News | No Comments

Daily Market Analysis More inital selling this morning after prices slipped yesterday. Preparing for tomorrow’s FOMC policy statement. The 10 at 9:00 1.954% +2.5 bps, 30 yr MBS price -20 bps frm yesterday’s close. Feb Case/Shiller 20 city home price index expected +4.8% hit at +5.0% yr/yr and +0.9% frm January against expectations of +0.7%; […]

Mortgage Rates at a Glance 04-27-15

Posted by on Apr 27, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility NEUTRAL NEUTRAL AVERAGE (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Market Update 04/27/15

Posted by on Apr 27, 2015 in News | No Comments

Weekly Market Preview What’s on the agenda for this week? Bonds and MBSs opened weaker this morning (price); Friday the 10 yr note yield declined 4 bps to 1.92% and improved the near term technical outlook. Looking for any bright spot, however the rate markets are well-contained in tight trading ranges; until the ranges are […]

Mortgage Rate Report 04-23-15

Posted by on Apr 24, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Neutral Neutral Average (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Daily Market Analysis 04-24-15

Posted by on Apr 24, 2015 in News | No Comments

Daily Market Analysis The only data today, March durable goods orders, was expected up 0.5% and ex transportation orders up 0.3%. Orders increased 4.0%, excluding transportation orders down 0.2%. Those are normally the headlines but looking into the guts of the report it isn’t good. Orders for business equipment declined, the seventh month it has […]

Mortgage Rate Movements Explained 04-21-15

Posted by on Apr 21, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Neutral Neutral Low (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Daily Market Alert

Posted by on Apr 21, 2015 in News | No Comments

Daily Market Analysis No movement again early this morning in the bond and MBS markets but losing some ground at 9:30. The 1.86% 10 yr wall has held since March 24th, no additional improvement but equally no selling. Greece is in the headlights; after a few months of not much interest in Greece markets are […]

Rate Alert

Posted by on Apr 16, 2015 in News | No Comments

Rates At a Glance Mortgage Rates Currently Trending Today’s Mortgage Rate Forecast Today’s Potential Rate Volatility Neutral Neutral Average (by Sigma Research) Today’s Mortgage Rate Summary How Rates Move: Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day […]

Market Analysis 04-15-15

Posted by on Apr 15, 2015 in News | No Comments

  Daily Market Analysis     Yesterday the 10 yr note failed again on a rally to break its rock-solid resistance at 1.86%; the note yield yesterday declined from 1.94% on Monday to 1.86% then lost momentum to close at 1.90%. This morning the 10 opened at 1.90% and 30 yr MBS price up 5 […]