Mortgage Backed Securities News | MBS Commentary

Mortgage-Backed Securities Activity Heading into 2021

Mortgage-Backed Securities Activity Heading into 2021

Rick Young 2021-01-15T22:52:35+00:00 January 15th, 2021|

There was little mortgage-backed securities activity heading into 2021. However, the end of 2020 was an eventful one for the economy.

Stimulus Package Affects Rates

Stimulus Package Affects Rates

Rick Young 2021-01-15T20:27:47+00:00 January 15th, 2021|

As the stimulus package affects rates, the mortgage industry saw volatility. However, rates ended with little change after other news.

2021 Georgia Senate Runoff Election Impact

2021 Georgia Senate Runoff Election Impact

Rick Young 2021-01-11T17:18:30+00:00 January 11th, 2021|

The Democratic Party swept the 2021 Georgia Senate runoff election, an unfavorable result for mortgage rates. While Friday's labor market report was mixed, this week's other major economic data was extraordinarily strong.

Housing Momentum Continues into 2021

Housing Momentum Continues into 2021

Rick Young 2021-01-05T21:57:43+00:00 December 30th, 2020|

Housing momentum continues into 2021 as December shows off a white-hot market. Typically, the end of December exhibits very light trading volume and limited investor reaction to economic news.

Retail Sales Fall Short

Retail Sales Fall Short

Rick Young 2020-12-21T18:02:20+00:00 December 21st, 2020|

After a wide array of economic releases, the impact saw retail sales fall short. Overall, there was no shortage of economic news.

Low Inflation

Low Inflation

Rick Young 2020-12-14T18:47:04+00:00 December 14th, 2020|

It was another relatively quiet week for mortgage markets, seeing low inflation. The European Central Bank meeting met expectations.

Coronavirus Mortgage Rates

Coronavirus Mortgage Rates

Rick Young 2020-12-11T00:32:43+00:00 December 10th, 2020|

The coronavirus mortgage rates changed as new reports were released. Though a lot is still uncertain, there were positive signs for the U.S. economy.

Job Gains Fall Short

Job Gains Fall Short

Rick Young 2020-12-10T23:54:24+00:00 December 8th, 2020|

This past week saw job gains fall short, in spite of a wide range of news. Investors reacted to major economic data, COVID-19 headlines, and negotiations in Congress for additional aid.

Strong New Home Sales

Strong New Home Sales

Rick Young 2020-12-10T23:55:25+00:00 December 1st, 2020|

The short holiday week was a relatively quiet period for mortgage rates, though the United States economy saw strong new home sales. Mortgage rates remained near record-lows.