Tag: MBS’s
Mortgage rates should benefit from Bernanke’s comments
On Friday Fed Chairman Ben Bernanke announced that he endorses the concept of the federal government guarantying mortgage-backed securities (MBS’s) issued by Fannie Mae and Freddie Mac. These comments should help mortgage rates move lower. The reason that a government guarantee helps mortgage rates move lower is because it reduces the risk of default on [...]
Posted: November 2nd, 2008 under Economics & Interest Rates, The Fed.
Tags: Bernanke, Fannie Mae, Freddie Mac, government guarantee, MBS's, Mortgage backed bonds, mortgage rates
Comments: none
What the heck are ‘technical trading patterns’?
If you’ve been an avid reader of ‘rate update‘ then you know that I often refer to ‘technical trading patterns’ (TTPs) as a factor that can have a major influence mortgage rates. Typically TTPs have the most impact when the markets lack new economic data and/ or significant stock market momentum. However, very few people [...]
Posted: October 31st, 2008 under Economics & Interest Rates, General Mortgage Info., Rate Update.
Tags: MBS's, Mortgage backed bonds, mortgage rates, predicting mortgage rates, technical analysis, technical trading patterns, TTPs
Comments: 53
Explanation: Mortgage-backed securities (AKA MBS’s)
I came across this blog yesterday and started sifting through the postings. This site does an excellent job of providing educational postings covering various topics in the mortgage industry. Specifically, I really liked this posting which explains the factors that contributed to the development of the mortgage-backed bond market. I also blogged about this topic [...]
Posted: October 16th, 2008 under Credit Crisis, For Professionals, General Mortgage Info..
Tags: MBS's, Mortgage backed bonds, securitization
Comments: 1