Click to read the most recent MSR Market Update! – Mortgage rates and some rate indices have experienced a healthy recovery from their lows recorded at the end of February, closing the month of April with robust gains over their end of the year levels. Mortgage rates managed to end the month of April with an increase of about fifty-two (52) basis points, while float income rates have increased by an average of thirty (30) basis points since the end of March. MSR portfolio holders should expect a moderate value recovery in the range of two to six (2-6) basis points from the end of March. However, those increases will vary depending on portfolio vintages and other portfolio characteristics such as Agency and GNMA mix. The downrate risk and its potential impact on MSR values will persist as we navigate through 2024.
In this blog post, MCT experts delve into the nature of an AOT execution, the impact of bid tape AOT on TBA positions, how automation has improved the AOT process, and how bid tape AOT affects the best execution strategy. Read on to learn all about the AOT process and why it is a must-have strategy in the current mortgage market climate.
When will mortgage rates drop? Will inflation go down in 2024? Is a recession coming? Read this market predictions for 2024 article to learn our analysis for the future of 2024 and predictions for the 2025 housing market.
What Gets You Through Down Cycles in the Mortgage Market? In this new MCT series, we are asking secondary market professionals topical questions you’re also probably pondering as well.
Unless you live under a rock, or in an increasingly blissful state of ignorance, you have likely noticed that government-bond yields have fallen the most since 2008
