Long-term mortgage rates rise for the 5th consecutive week

Long-term mortgage rates rise for the 5th consecutive week. 30-year fixed-rate mortgages averaged 7.22% as of May 2. Freddie Mac Primary Mortgage Survey: 15-year mortgage rates averaged 6.47% last week and 5.76% a year ago.

A Case For Getting Off The Sidelines And Into Bond ETFs

Weekly Report: what happened at JMBS last week (0422-0426)?

Mortgage rates continue to rise, homebuyers adjust

Global ETF Market Facts: 3 Things To Know From Q1 2024

U.S.-listed exchange traded funds (ETFs) still represent a small fraction of overall U.S. Financial markets. As of Q1 2024, individual investor ETFs assets reached nearly $1.4 trillion and represent 13% of equity and 2.8% of fixed income assets. Assets in U.s.-listed ETFs have grown over the last five years.

Search for Yield Drives Growth Among Mortgage ETFs -- Market Talk

Mortgage-backed securities ETFs saw assets grow fast over the past year. Janus Henderson's John Kerschner says people seeking higher yields but moderate risks. The recent repricing in Fed expectations cooled MBS a little, he says. MBS funds focused on mortgages backed by government agencies.

U.S. Mortgage Traders Hold Unusual Hope for More Prepays -- Market Talk

Mortgage investors in the U.S. Would like to see more loans paid in full before maturity. Investors want to see historic-low rates locked in during the pandemic. "The vast majority of mortgages are trading much, much lower," Janus Henderson's John Kerschner says.

Complex Mortgage-Backed Securities Can be Tapped via ETFs -- Market Talk

Investors can tap a variety of U.S. Mortgage-backed securities through ETFs. Some focus on mortgages backed by government agencies to reduce risk. Returns have been volatile in ETFs focused on agency mortgages. Janus Henderson's JMBS fund has negative total returns of nearly 4% this year.

Mortgage Assets Have Wider-Than-Usual Range of Returns -- Market Talk

April's S&P Global Flash U.S. Composite PMI slips to 50.9, the lowest in four months. Fitch Ratings says Canada's budget plan will have a minimal impact on the country's credit profile. Redfin says U.s. Home prices climb 0.6% in March. Trucking association's for-hire truck tonnage index falls 2%.

Weekly Report: what happened at JMBS last week (0415-0419)?

Pre-FOMC: A Different Type Of Taper

Weekly Report: what happened at JMBS last week (0408-0412)?

Fixed Income Perspectives - Looking Ahead At Q2 2024: A Pause Before A Pivot

Adam Abbas' Fixed Income Market Commentary - Q1 2024

Weekly Report: what happened at JMBS last week (0401-0405)?

JMBS Breaks Below 200-Day Moving Average - Notable for JMBS

Staying Nimble While Seeking Income

Janus Henderson Mortgage-Backed Securities ETF declares monthly distribution of $0.1941

Weekly Report: what happened at JMBS last week (0325-0329)?

Riding The Convexity Wave In Securitized Credit

Home Investing Strategy Fixed Income Analysis Riding The Convexity Wave In Securitized Credit. Four areas of securitized products that offer interesting convexity anomalies or opportunities in the current rate environment. Agency Mortgage-backed Securities (MBS) are the least negative for the first time.