MBS Alert: Down an Eighth From Highs

Mark Ingram

Broker Owner

Ingram Company

P: (949) 378-1701

M: (949) 378-1701

www.ingramcompany.net

170 E. 17th St. #200G
Costa Mesa CA 92627

License:

CA DRE: 01226769

NMLS: 371141 / 358879

MBS Morning:

MBS Recap:

MBS Alert:

MBS Update:

MBS Huddle:

Down an Eighth From Highs

5 Hours, 38 Min ago

Continued Claims (Jan)/17
- 1,827K vs 1860K f'cast, 1849K prev
Jobless Claims (Jan)/24
- 209K vs 205K f'cast, 200K prev

10yr yields are up 2.2bps at 4.263 and MBS are down an eighth of a point on the day and just over an eighth from the AM highs. While the data is highlighted above, the selling came far enough after the fact that we wouldn't blame the data. Bonds may actually be paying some attention to volatility in commodities markets.

In addition to the fact that most lenders are not yet out with rates for the day, we are already seeing signs of support.

More MBS and Treasury Markets

MBS Morning:

Weaker After Econ Data, But Bonds May Be Looking Elsewhere - Today, 2:51 PM

MBS Recap:

No Surprises From Powell. No Major Movement in Rates - Wed, 9:16 PM

MBS Update:

No Major Reaction to Fed; Waller and Miran Dissent - Wed, 7:05 PM

Here's What Changed in The New Fed Announcement - Wed, 7:00 PM

MBS Morning:

Re-Entry Rejected. What Can The Fed Say? - Wed, 3:10 PM

Mark Ingram

Broker Owner

Ingram Company

P: (949) 378-1701

M: (949) 378-1701

www.ingramcompany.net

170 E. 17th St. #200G
Costa Mesa CA 92627

License:

CA DRE: 01226769

NMLS: 371141 / 358879

Home | Weekly Newsletter | Mortgage Calculators | Library | Econ Calendar

Mortgage Calculators | Weekly Newsletter

Reproduction or redistribution of the contents of this newsletter, outside of the distribution services provided, either in whole or in part, is prohibited without prior written permission of the MBS Live, Inc.

The interest rate data provided in this newsletter are national averages from independent data sources. Rate/APR terms may differ from those listed above based on the creditworthiness of the borrower. All information provided "as is" for informational purposes only, not intended for trading purposes or financial advice.

Reproduction or redistribution this newsletter, outside of the distribution services provided, is prohibited. Interest rate data provided in this newsletter are national averages. Rate/APR terms may differ. All information provided "as is" for informational purposes only.