MBS RECAP: Post-NFP Bond Selling Looks Technical

Can rising mortgage rates be GOOD news?  · An increase in interest rates would be a "good news story" the chief economist of the Bank of England has argued. The Bank has signalled it is likely to lift rates over the coming months and traders are currently betting on a move as soon as November. "Let’s be clear here: for me that would be a good news story.Mortgage Rates Improve Moderately On Greece Concerns Greece before the Euro. The treaty limits government deficits to 3% of GDP and public debt to 60% of GDP. For the rest of the 1990s greece attempted to get its fiscal house in order to meet these criteria.

Friday afternoon’s weakness r aised some doubts as to that potential rally, and today’s weakness confirmed those doubts. Bonds are right back in the same range, holding uncomfortably near the highest levels in 7 years set back in May 2018. There were no specific, overt sources of inspiration for today’s selling pressure.

MBS RECAP: post-nfp bond selling Looks Technical . January 6, 2017 Comments Off on MBS RECAP: Post-NFP Bond Selling Looks Technical. Posted To: MBS Commentary NFP is the biggest piece of economic data on any given month-so big, in fact, that financial markets treat it as a focal point for.

Mortgage rates were little-changed again today, despite moderate improvement in the broader bond market. Although it’s MBS (the mortgage-backed securities that underlie mortgage loans) that have a direct effect on mortgage rates, the broader bond market–especially the 10yr Treasury yield–tends to move at the same time and by the same amount.

Contents Mbs recap: post-nfp bond selling Deal property values 2019 forecast: rising mortgage mbs commentaryfriday mbs recap: post-nfp bond selling Looks Technical.. Such a sell-off DOES fit with the recent technical landscape. Keep in mind, the last 6 days have been, by far and away, the best winning.

Posted To: MBS CommentaryFriday was tense for the bond market, with selling pressure that was just big enough to cause concern about a bigger correction, and buying support that was consistent enough to suggest we still had a chance.

Mortgage rates today, April 9, 2019, plus lock recommendations What’s driving current mortgage rates? average mortgage rates fell on Wednesday, as we predicted. It wasn’t a big drop but it was enough to to take them to their lowest level in more than 30 months. That looks set to change today, with the likelihood of appreciably higher rates by this evening.

With this in mind, borrowers are stepping up the pace to obtain low mortgage rates while they are still available. According to the Mortgage Bankers Association’s Market Composite Index for the week ending March 1st, mortgage applications increased 14.8% on a seasonally adjusted basis and 15% on an unadjusted basis.

You Don’t Need A 20% Downpayment To Buy A Home MBS RECAP: Weak NFP Helps Bonds Break Back Below Key Technical Level So what gives with the bond. technical factors. Whatever the combination of causes, the result speaks for itself. If next week confirms the resilience the approach to the end of the year looks good. · Why a 20% home down payment may not be worth it. With a conventional mortgage amortized over 25 years, Mr. Bricknell figures this person could get a five-year fixed rate mortgage at 3.29 per cent. That means a monthly payment of $1,758. Now, let’s see what happens when this borrower makes a 19-per-cent down payment.

MBS RECAP: Post-NFP Bond Selling Looks Technical Mortgage rates are in a free fall with no end in sight – The Washington Post Mortgage rates are in a free fall with no end in sight Global and domestic economic concerns continue to drive down mortgage rates. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate.

Every time we have a big, nasty sell-off–not. this post will simply recap things you already know, and it will do so by revisiting things I’ve said. If you’d seen those before, and if I point them.