• January 30, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is down -4 BPS with 60 minutes left to trade. Rosie the Riveter: The regional Dallas Fed Manufacturing Survey just had its 9th straight month of readings below zero, this time it contracted by -8.4 and is yet another data point that confirms

• January 29, 2023
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  Are you getting the benefits of today’s market? Are you aware of what’s new in today’s economy? In this episode, the President and CEO of United Mortgage Corporation of America, Michael Harris, brings you good economic news and how mortgage rates are starting to go down. He’s closely looking into this economic news because

• January 27, 2023
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• realestatelife

An inflation gauge closely watched by the Federal Reserve showed signs of slowing in December, but it still remained abnormally high, according to new data released Friday. The Personal Consumption Expenditures (PCE) index showed that consumer prices rose 0.1% from the previous month and rose 5% on an annual basis, according to the Bureau of

• January 27, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is up +9 BPS with 60 minutes left to trade. Taking it to the House: December Pending Home Sales Index rose by 2.5% vs. est. of a decline of -1.0% Inflation Nation: December headline PCE increased by 0.1% on a MOM basis, the

• January 26, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is down -1 BPS with 60 minutes left to trade. Taking it to the House: December New Home Sales hit 616K units on an annualized basis vs. est. of 617K, it was a slight improvement over November’s annualized pace of 602K units thanks

• January 26, 2023
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The U.S. economy ended 2022 on solid footing, but momentum seems to have cooled slightly as consumers confront the dual threat of stubbornly high inflation and rising interest rates. Gross domestic product, the broadest measure of goods and services produced across the economy, grew by 2.9% on an annualized basis in the three-month period from October through

• January 25, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is up +12 with 60 minutes left to trade. Taking it to the House: Weekly Mortgage Applications were up for the 2nd straight week. This time by 7.0%. Refinances were up 14.6% and Purchases were up 3.4% Treasury Dump: We had a record

• January 24, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is up +18 with 60 minutes left to trade. Rosie the Riveter: The preliminary Markit Manufacturing PMI was better than expected (46.8 vs. est. of 46.1) but still well below 50. Same story with Services, 46.6 vs. est. of 44.5. Richmond Fed Manufacturing

• January 23, 2023
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• realestatelife

MBS OVERVIEW 4:00 EST – Our benchmark FNMA MBS 6.00 February Coupon is down -9 BPS with 60 minutes left to trade. There were no domestic events today. On Deck for Tomorrow: Richmond Fed Manufacturing, 2 year Treasury note auction. Check the main page for Bryan’s video break down SIGMA RESEARCH, INC. THE SHIRMEYER REPORT

• January 23, 2023
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MBS OVERVIEW Three Things: These are the three areas that have the greatest ability to impact your backend pricing this week. 1) Inflation Nation, 2) Central Bank Palooza and 3) GDP 1) Inflation Nation: We get the Fed’s key inflation gauge on Friday with PCE as well as Personal Incomes and Spending. Will this follow