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Real Estate News |
Wild Ride For MBS as Traders Digest New Developments
Fri, 09 Jan 2026 21:16:29 GMT
Wild Ride For MBS as Traders Digest New Developments We may have been looking to the jobs report as this week's biggest potential source of volatility, but that changed on Thursday afternoon after Trump's $200bln..[read more]
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Rates Plummet to 3 Year Lows, But There Are Caveats
Fri, 09 Jan 2026 18:56:00 GMT
On a week where the mortgage market was most likely to experience volatility due to Friday's jobs report, Thursday afternoon's surprise announcement of $200bln in GSE MBS (mortgage-backed securities) buying stole the show. This was already juicing th..[read more]
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What's Up With The New MBS Buying Announcement and The Massive Reaction in The Market?
Fri, 09 Jan 2026 16:12:55 GMT
On Thursday afternoon with less than an hour left to trade, Trump announced he would be directing his representatives to buy $200bln in mortgage-backed securities (MBS). No matter what one's personal opinions may be regarding bold announcements from ..[read more]
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PHH Webinar Series; Agencies to Buy One Month's Worth of Production - Similar to 2020; In-Person Events for 2026
Fri, 09 Jan 2026 16:10:54 GMT
A frequent topic in this Commentary is how lenders are responsible for only a small portion of the affordability issue. A big hit to affordability is insurance, and thank you to Kevin K. for passing along this story focused on fire resilience and hom..[read more]
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Fairly Tame Jobs Report, MBS Have Magic Armor Either Way
Fri, 09 Jan 2026 13:40:49 GMT
The jobs report came out mixed with payrolls falling 10k short of the 60k forecast and the unemployment rate ticking down to 4.4% vs a 4.5% forecast. The unemployment rate decline is mitigated somewhat by the decline in labor force participation.&nbs..[read more]
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Mostly Quiet Ahead of Friday's Jobs Report
Thu, 08 Jan 2026 21:27:32 GMT
Mostly Quiet Ahead of Friday's Jobs Report Bonds lost a bit of ground on Thursday with most of the weakness seen in the overnight session in sympathy with European bond market weakness. The rest of the selling fo..[read more]
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Mortgage Rates Modestly Higher on Thursday. Friday's Risks Are Bigger
Thu, 08 Jan 2026 21:05:00 GMT
Mortgage rates were just a hair higher for the average lender on Thursday. The underlying bond market lost some ground following a stronger weekly Jobless Claims report and in sympathy with global bond market weakness overnight. Because rates a..[read more]
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Hedging, PPE, Commercial, ATM Products; Trump vs. Institutional SFH Buyers; Prepayment Numbers
Thu, 08 Jan 2026 16:41:25 GMT
"Warning: don't use your pet's name for your password. We were hacked, and had to change our dog's name.' "Experts' are saying that passwords will be on the way out in 2026 as passkeys take over. Good, as I am tired of carrying around a notebook with..[read more]
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No Help From Jobless Claims or Europe
Thu, 08 Jan 2026 14:23:04 GMT
US bonds have been taking clear cues from Europe in overnight trading recently. Today's example involved a 3bp sell-off on both sides of the Atlantic. The 8:30am Jobless Claims data may be garnering more volume, but it has only added modestly to the ..[read more]
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Ultimately Underwhelming Despite Seemingly Significant Data
Wed, 07 Jan 2026 22:02:33 GMT
Ultimately Underwhelming Despite Seemingly Significant Data There was certainly the potential for volatility today with the confluence of ADP, ISM, and Job Openings data. But the results ended up being close enou..[read more]
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