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Mortgage News

Thu, 05 May 2016

MBS RECAP: Nice Pre-NFP Lead-Off For Bond Markets

Posted To: MBS CommentaryHeavy corporate bond issuance added pressure in AM After that, no more sellers left in bond markets 10yr yields pulled a 6bp reversal to end 3.3bps lower Fannie 3.0s ended 6 ticks higher at 102-26 Relative to yesterday, neither stocks nor oil made any new intraday lows, s...
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Thu, 05 May 2016

Mortgage Rates Hold Steady Ahead of Jobs Data

Posted To: Mortgage Rate WatchMortgage rates held steady today, marking the 9th straight day without a move higher. 6 of those 9 days have seen mild to moderate improvements, ultimately bringing rates back within striking distance of 2016's lows. Only a few days in early February have been better...
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Thu, 05 May 2016

Mortgage Credit Availability Continues to Decline

Posted To: MND NewsWireNew programs offering low downpayment options for GSE loans weren't enough to compensate for more stringent jumbo loan standards in April. This resulted, the Mortgage Bankers Association (MBA) said on Thursday, in a decrease in its Mortgage Credit Availability Index (MCAI)....
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