MSR Market Monthly Updates
As the leader in capital markets software and services, MCT has continued to stand out with its educational value for clients and the public. By providing a multitude of software solutions and services as well as educational resources, MCT has shown its dedication to assisting individuals in the capital markets. MCT’s MSR team perpetuates this drive to educate and assist by informing the public on the monthly market MSR update happenings. Read below the most recent MSR Market Update!
MCT’s Latest MSR Update:
MCT’s MSR Team encourages clients and non-clients alike to stay updated on all the current, ever-changing trends in the MSR market.
Read the latest MSR Monthly Update below or scroll further to see previous updates.
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.
All MSR Monthly Updates
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.
