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MBS Day Ahead: Don’t Let 3.0% Make You Dumber

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So, if you’re like me – always a day late on the pulse of what the kids are in to- no doubt you just stumbled into Taylor Swift’s newest earworm, "You Need To Calm Down". Like all of her work. its cotton candy made audible. Lyrics, if you don’t pay attention to them, are superficial and trite as an eight grade girl trying to be edgy.

When you see these Bond prices moving higher, it means home loan rates are improving. When Bond prices are moving lower, home loan rates are getting worse. To go one step further, a red "candle" means that MBS worsened during the day, while a green "candle" means MBS improved during the day.

Again, don’t let them know you have assets and good luck! One other thing – once in a while I hear people talking about Short Pay Refis – I can tell you they are a myth. I think that is why you are attempting to settle while current. So don’t be disappointed if you don’t get far with Citi, but like I said – doiesn’t hurt to take a stab at it!

XINNIX, The Mortgage Academy, is committed to helping you make next year your best yet. XINNIX is currently offering year-end pricing incentives to help leaders prepare their branches and companies to.

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Don’t let your house make you cash-poor .. Rate markets on hold ahead of midterms . Hesitation due to elections is always fun. Don’t forget to vote today!. Now that the Feds aren’t propping up the mortgage backed securities every day is a potential roller coaster ride.

MBS Day Ahead: As Treasuries Consolidate, MBS Have Been Outperforming At the official 3pm close for Treasuries, they were almost perfectly unchanged. mbs, on the other hand , have been in positive territory most of the day and are at their best levels heading into the 5pm close. fannie 4.0s gained the most-8/32nds (.25)-and 3.5s added 6/32nds. Some of this outperformance could be due to.read more

The April S&P/Case-Shiller Home Price Indices showed a monthly increase* in home prices for the first time in eight months. "This is a step in the right direction but we don’t know if it’s gonna.