Early Learn on Current Dwelling Gross sales in October

by Calculated Threat on 11/17/2023 01:16:00 PM

At present, within the CalculatedRisk Actual Property E-newsletter: Lawler: Early Read on Existing Home Sales in October


Chart of the Week:  Mortgage Charges Comply with MBS Yields, Not 10-Yr Treasury Yields

For an evidence of “why”, see Lawler: Update on Mortgage/Treasury Spreads

From Tom Lawler:

Mortgage Rate vs. MBS Spread30 Yr FRM: Optimum Blue Typical Conforming 30-year Fastened-Fee Mortgage the place LTV<=80% and FICO>740.

CC MBS Yield: Yield on notional par company 30-year MBS

Be aware: there may be some “spurious” volatility within the mortgage spreads as a result of Optimum Blue measures fee lock exercise all through the day whereas the MBS and Treasury yields replicate late afternoon yields.

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