Mortgage News Daily - Mortgage And Real Estate News

Mortgage News Daily provides up to the minute mortgage and real estate news including mortgage rates, mortgage rss feeds and blog.

Actived: Monday Mar 1, 2021


MBS Day Ahead: 1.5 MBS Are Here! What Does That Mean? Are

Are 1.5 coupons the ones to watch? First off, if you're curious as to which MBS coupon is the best one to follow for reprice risk, it's more or less imperative that you read this at least once:

Category:  coupon Get Code

MBS Day Ahead: Bond Buyers Sitting on Hands; Which MBS

The short answer (if you're looking to keep an eye on negative reprice risk throughout the day) is that 2.0 coupons are the best to watch, but 2.5 coupons are very close to taking the reins at

Category:  coupon Get Code

Introducing 2.5% MBS Coupons - Mortgage News Daily

The title is a bit misleading. 2.5% coupons are nothing new--especially if we're talking about 15yr MBS. Even in 30yr MBS, 2.5s were being traded as far back as 2012.

Category:  coupon Get Code

MBS CLOSE: "Up In Coupon, Up In Coupon"

Around the imaginary Graham/Quinones household this week, it was hard to miss the persistent cadence of Adam dashing around the house, clapping his hands, shouting "Up In Coupon!

Category:  coupon Get Code

MBS Day Ahead: Fed Buying UMBS 2.0 Coupons This Week

Bonds lost ground last week, overall, with 10yr yields rising the better part of 10bps. MBS lost ground as well, but not UMBS 2.0 coupons. These are the up-and-comers. Now this week, the Fed has

Category:  coupon Get Code

The Day Ahead: "Down in Coupon" Shift in Progress

This matters to loan originators because a "Down in Coupon" shift means increased investor demand for 4.0 MBS coupons, which makes it easier for lock desks to hedge loan pipelines with 4.0 coupons

Category:  coupon Get Code

MBS Day Ahead: 2.0 MBS Coupon Staking Its Claim; Fed Day

In fact, the writing is so clear that 2.0 coupons have had a much easier time getting off the ground relative to the 2.5 coupon saga in 2012/2016. In fact, FINRA only recorded 228 trades of 2.5

Category:  coupon Get Code

Revisiting the "Phantom Coupon" Discussion. Will We See 3

The lowest note rate that can be used to fulfill a 4.0 trade: 4.25%, and generally lenders cut off 4.0 forwards at 4.375% note rates because it's not economically efficient to trade 4.25s into a 4

Category:  coupon Get Code


There is however concern that market participants are once again testing the waters of "up in coupon" trading strategies with 5.5s and 6.0s being profit taker's coupons of choice.

Category:  Trading Get Code

MBS CLOSE: Switching Focus To Next MBS Coupon, And Next

Organically, the 4.5 was down only 2 ticks today, but the net effect on the charts is a 16 drop that kicks off March Class A trading at 100-24. That may seem like an appreciable distance from

Category:  Trading Get Code

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