Volatility has jumped as sellers press the market lower. Could be hedging for tomorrow’s 30 year bond auction or just a distribution trade for the new issue 10’s but nonetheless, prices are worsening. Current 10 year notes are now off 20/32’s and MBS down 9/32’s. We’ll need to see the 21 day MA hold. Currently, the battle is being fought (bulls and bears) right at that level. Hang in there.
-
Recent Posts
- Austin Mortgage Market Update – For the week of February 6, 2012
- Texas Mortgage Market Update – For the week of January 30, 2012
- Austin Mortgage Market Update – For the week of January 23, 2012
- Texas Mortgage Market Update – For the week of January 16, 2012
- Texas Mortgage Market Update – For the week of January 9, 2012
Archives
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
Categories
- Austin Mortgage 101
- Austin Mortgage Market
- Austin Mortgage News
- Austin Properties for Sale
- Austin Real Estate
- Austin Resources and News
- Business Tools
- Dallas Mortgage Resources
- Federal Reserve Release
- Home & Wealth Newsletter
- Homeowner Tips & Articles
- Inside Lending Bulletin
- Inside Lending Newsletter
- MaxLeaman.com New Resources
- MBS Quoteline Newsletter
- PlainsCapital Bank & PrimeLending News
- Uncategorized
Most Popular Posts
- Daily oscillators are still posting positive readings and holding above midrange levels – all good things for those that want lower mortgages/better pricing
- Dallas Zip Code Map – Fort Worth Zipcode Map – DFW Zip Code Maps
- Using one standard deviation and a dart board, our bias is for 100k in job losses and a 9.9% unemployment rate
- Austin Continues to Lead Country Out of the Recession
- 2010 Central Texas Homestead Exemption Forms
- Austin Mortgage Market Update – For the week of November 15, 2010
- City of Austin Requires Energy Audit Before Property Sale
- Dallas & Forth Worth (DWF) Zip Code Maps on MaxLeaman.com
- We see the selling as shallow into the later part of the week and then a rebound/rally to deliver better mortgage pricing as we close the book on July
- Texas Mortgage Rates Moved Higher This Week
Tag Cloud
10-year note 10-year notes austin job market austin mortgage austin mortgage blog austin mortgage lender Austin Mortgage Market austin mortgage markets austin mortgage pricing austin mortgage rates blog texas mortgage bonds Continuing Claims DOW economic data economy Employment Report FED FOMC FOMC meeting inflation inside lending update job market austin Market MBS mortgage backed securities mortgage backs mortgage blog austin mortgage blog texas mortgage lender austin mortgage market update mortgage pricing mortgage rates mortgage rates austin mortgage rates texas notes stocks texas mortgage blog texas mortgage lender texas mortgage rates treasuries tx mortgage blogs tx mortgage rates unemployment rate Weekly Unemployment ClaimsConnect With Us!
In accordance with Section 326 of the USA PATRIOT Act of 2001, PrimeLending is required to obtain a copy of the documents used in identifying our new account customers. This notice is being provided to you for adequate notice given under this act.