MBS Day Ahead: Now that Month-End is Over, Are Bonds Destined to Pull Back?

Posted To: MBS Commentary

Month/quarter-end buying was an important part of this week's strength through Wednesday. It served as sort of a constant, mildly positive force helping keep yields anchored despite an attempt at a bounce in equities markets. There's no rule that says had to follow stocks higher yesterday, so we shouldn't be overly-surprised that they didn't. Still, there has been quite a bit of that 'stock lever' correlation lately--enough that it makes sense to figure out what changed--if anything--in order to bring about the new market behavior. We can definitely chalk the change up to the month-end trading environment. That might seem to imply that we're heading into the rest of the week at a disadvantage, but it doesn't really work like that. The prevalent tradeflows heading...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1KNgvqi

MBS Day Ahead: Now that Month-End is Over, Are Bonds Destined to Pull Back?

Posted To: MBS Commentary

Month/quarter-end buying was an important part of this week's strength through Wednesday. It served as sort of a constant, mildly positive force helping keep yields anchored despite an attempt at a bounce in equities markets. There's no rule that says had to follow stocks higher yesterday, so we shouldn't be overly-surprised that they didn't. Still, there has been quite a bit of that 'stock lever' correlation lately--enough that it makes sense to figure out what changed--if anything--in order to bring about the new market behavior. We can definitely chalk the change up to the month-end trading environment. That might seem to imply that we're heading into the rest of the week at a disadvantage, but it doesn't really work like that. The prevalent tradeflows heading...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1KNgvqi

MBS RECAP: Bonds End Month at Best Levels

Posted To: MBS Commentary

In day-over-day terms, the 1-2bps gain in 10yr yields and the 3-5 ticks improvement in MBS prices don't seem overly impressive. But if we consider that each of the past 3 days has seen 10yr yields close at the best levels of the month , it's a bit more interesting. Bonds haven't ended a month with yields this low since April. This wasn't necessarily a given from the outset today. While stocks and bonds don't necessarily HAVE TO follow each other, they've been sticking pretty close during the month. So there was some pressure from that "risk-on" trading stance (buy stocks, sell bonds) overnight. Treasury yields rose consistently through both the Asian and European sessions, getting little help from a slightly weaker reading on Eurozone inflation. It wasn't...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1YPg8mu

MBS RECAP: Bonds End Month at Best Levels

Posted To: MBS Commentary

In day-over-day terms, the 1-2bps gain in 10yr yields and the 3-5 ticks improvement in MBS prices don't seem overly impressive. But if we consider that each of the past 3 days has seen 10yr yields close at the best levels of the month , it's a bit more interesting. Bonds haven't ended a month with yields this low since April. This wasn't necessarily a given from the outset today. While stocks and bonds don't necessarily HAVE TO follow each other, they've been sticking pretty close during the month. So there was some pressure from that "risk-on" trading stance (buy stocks, sell bonds) overnight. Treasury yields rose consistently through both the Asian and European sessions, getting little help from a slightly weaker reading on Eurozone inflation. It wasn't...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1YPg8mu

Virginia's Florida Home With a View — House Call

Pin it

Name: Virginia
Location: Maitland, Florida

My husband, Garrett, and I live in an 816 sq ft condo that we rent in Maitland, Florida. What we loved most when Garrett first came to view the condo and continue to - is the incredible lake view we have from our living room window. We are on a gorgeous Central Florida lake and the sunrises can't be beat. (Check out our #goodmorninglakemaitland !)

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1JDwEKN

Virginia's Florida Home With a View — House Call

Pin it

Name: Virginia
Location: Maitland, Florida

My husband, Garrett, and I live in an 816 sq ft condo that we rent in Maitland, Florida. What we loved most when Garrett first came to view the condo and continue to - is the incredible lake view we have from our living room window. We are on a gorgeous Central Florida lake and the sunrises can't be beat. (Check out our #goodmorninglakemaitland !)

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1JDwEKN

Margot's Painted Playroom — My Room

Pin it

Name: Margot (1)
Location: Tampa, Florida

After Margot's first birthday party we realized she had way too many toys, and those toys were scattered all over our house. We decided it was time for us to turn our unused guest room into Margot's Playroom (and our office).

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1LPUbhL

Margot's Painted Playroom — My Room

Pin it

Name: Margot (1)
Location: Tampa, Florida

After Margot's first birthday party we realized she had way too many toys, and those toys were scattered all over our house. We decided it was time for us to turn our unused guest room into Margot's Playroom (and our office).

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1LPUbhL

Mortgage Rates Approaching 5-Month Lows

Posted To: Mortgage Rate Watch

Mortgage rates had another great day , with most lenders maintaining or improving upon yesterday's 4-month lows. Given that we'd have to go back to May 8th, 2015 to see better rates, we're very close to '5-month lows.' In terms of top tier conventional 30yr fixed rate quotes, 3.875% remains most prevalent. A growing number of lenders are quoting 3.75% and only a few remain up at 4.0%. Not all borrowers will see a change in their quoted rate over the past few days, but in those cases, the closing costs would be lower or the lender credit would be higher. Although there was a reasonable chance that we'd see increased volatility in the markets that underlie mortgage rates today, trading remained calm and positive. Stock prices and bond yields continued to diverge. This could have something to...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1FIJc8K

Mortgage Rates Approaching 5-Month Lows

Posted To: Mortgage Rate Watch

Mortgage rates had another great day , with most lenders maintaining or improving upon yesterday's 4-month lows. Given that we'd have to go back to May 8th, 2015 to see better rates, we're very close to '5-month lows.' In terms of top tier conventional 30yr fixed rate quotes, 3.875% remains most prevalent. A growing number of lenders are quoting 3.75% and only a few remain up at 4.0%. Not all borrowers will see a change in their quoted rate over the past few days, but in those cases, the closing costs would be lower or the lender credit would be higher. Although there was a reasonable chance that we'd see increased volatility in the markets that underlie mortgage rates today, trading remained calm and positive. Stock prices and bond yields continued to diverge. This could have something to...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1FIJc8K

Tracey & Rob's Beach Oasis — House Tour Greatest Hits

Pin it

Name: Actor & voice over instructor Tracey Hoyt, and medical instrument supplier Rob Marshall
Location: The Beach, Toronto, Canada
Size: 1,300 square feet.
Years lived in: 9 & 6, owned.

Perched above a bustling Toronto beach community, Tracey & Rob's lakeside home is not your average condo. Nine years ago, inspired by the work of Hugh Jacobsen and Howard Backen, Rob transformed a typical condominium box into an airy coastal oasis. His main objective in the design of the space was to bring his favorite elements of the tranquil shore indoors, providing a perfect retreat from their hectic schedules as well as creating a welcoming sanctuary for his three children.

Pin it

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1KSa03i

Have Christmas Dinner at Hogwarts' Great Hall — Design News

Pin it

It's the most magical time of the year: Warner Bros is offering a one-night-only chance to experience Christmas dinner in Hogwarts' iconic Great Hall.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1GhMCKo

Tracey & Rob's Beach Oasis — House Tour Greatest Hits

Pin it

Name: Actor & voice over instructor Tracey Hoyt, and medical instrument supplier Rob Marshall
Location: The Beach, Toronto, Canada
Size: 1,300 square feet.
Years lived in: 9 & 6, owned.

Perched above a bustling Toronto beach community, Tracey & Rob’s lakeside home is not your average condo. Nine years ago, inspired by the work of Hugh Jacobsen and Howard Backen, Rob transformed a typical condominium box into an airy coastal oasis. His main objective in the design of the space was to bring his favorite elements of the tranquil shore indoors, providing a perfect retreat from their hectic schedules as well as creating a welcoming sanctuary for his three children.

Pin it

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1KSa03i

Have Christmas Dinner at Hogwarts' Great Hall — Design News

Pin it

It's the most magical time of the year: Warner Bros is offering a one-night-only chance to experience Christmas dinner in Hogwarts' iconic Great Hall.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1GhMCKo

11 Wonderfully Weird Color Combos that Work

Pin it

It's no secret that here at Apartment Therapy, we love color. And we love to see interiors that mix things up a little, rooms where people have paired colors that you might not usually see together. Here are 11 such spaces to surprise and inspire.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1FEWTFY

8 Rooms that Prove You Can Be Both Eclectic and a Minimalist

Pin it

When I think about an eclectic room, I always picture something very involved. With lots going on inside of it – colors, treasures, just... things. But the truth is, eclectic style is more than just having a lot of different stuff. Your home can live somewhere between minimalist and eclectic, and these 8 rooms prove it.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1L4k0Kj

11 Wonderfully Weird Color Combos that Work

Pin it

It's no secret that here at Apartment Therapy, we love color. And we love to see interiors that mix things up a little, rooms where people have paired colors that you might not usually see together. Here are 11 such spaces to surprise and inspire.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1FEWTFY

8 Rooms that Prove You Can Be Both Eclectic and a Minimalist

Pin it

When I think about an eclectic room, I always picture something very involved. With lots going on inside of it – colors, treasures, just... things. But the truth is, eclectic style is more than just having a lot of different stuff. Your home can live somewhere between minimalist and eclectic, and these 8 rooms prove it.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1L4k0Kj

MBS MID-DAY: Bonds Basking in Month-End Glow

Posted To: MBS Commentary

The overnight session began with bond markets moving into weaker territory against the backdrop of a recovery in equities. There was clearly a lot of month-end buying yesterday, so it was fair to wonder if the sponsorship would wane today. In other words, certain investors are forced to buy a certain amount of bonds heading into the end of the month. They can do this any time before the end of the month, but usually have to make adjustments in the last few days in any event. Yesterday's trading patterns suggested that month-end buying was prevalent, so there was some cause for concern that today wouldn't be as resilient by comparison. If you happened to have been up all night watching Treasury yields rise, that concern was all the more logical. Fortunately, month-end buyers were lined...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1O8fqNH

MBS MID-DAY: Bonds Basking in Month-End Glow

Posted To: MBS Commentary

The overnight session began with bond markets moving into weaker territory against the backdrop of a recovery in equities. There was clearly a lot of month-end buying yesterday, so it was fair to wonder if the sponsorship would wane today. In other words, certain investors are forced to buy a certain amount of bonds heading into the end of the month. They can do this any time before the end of the month, but usually have to make adjustments in the last few days in any event. Yesterday's trading patterns suggested that month-end buying was prevalent, so there was some cause for concern that today wouldn't be as resilient by comparison. If you happened to have been up all night watching Treasury yields rise, that concern was all the more logical. Fortunately, month-end buyers were lined...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Mortgage News Daily http://ift.tt/1O8fqNH

Time Wasters to Eliminate from Your Life TODAY

Rachelle's 1729 Yorkshire Farmhouse

Pin it

Never feel like you have enough time? You can reclaim lost minutes throughout the day that could add up to a lot more "me" time in your evenings by cutting out these time wasters that could be lurking in your home.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1LPrvp2

Becca's Bright & Free-Spirited Loft — House Tour

Pin it

Name: Becca Kannapell
Location: Noble Square; Chicago, Illinois
Size: Approximately 1,400 square feet
Years lived in: 1 year; Rented

When Becca and her boyfriend moved from New York City to Chicago a year ago, they were amazed by their new-found apartment options. Both of them lived in tiny 400-square-foot apartments in Manhattan, and now they have all this space to create in — and Becca has been taking full advantage.

Open House Tour

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1haLJNn

Time Wasters to Eliminate from Your Life TODAY

Rachelle's 1729 Yorkshire Farmhouse

Pin it

Never feel like you have enough time? You can reclaim lost minutes throughout the day that could add up to a lot more "me" time in your evenings by cutting out these time wasters that could be lurking in your home.

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1LPrvp2

Becca's Bright & Free-Spirited Loft — House Tour

Pin it

Name: Becca Kannapell
Location: Noble Square; Chicago, Illinois
Size: Approximately 1,400 square feet
Years lived in: 1 year; Rented

When Becca and her boyfriend moved from New York City to Chicago a year ago, they were amazed by their new-found apartment options. Both of them lived in tiny 400-square-foot apartments in Manhattan, and now they have all this space to create in — and Becca has been taking full advantage.

Open House Tour

READ MORE »

from Apartment Therapy | Saving the world, one room at a time http://ift.tt/1haLJNn