On Wednesday, May 13, 2026, MBS prices declined by 3bps amid quiet market conditions. Explore implications for mortgage rates and housing trends. Get expert insights from {LO_NAME} to navigate today's market confidently. (152 characters)
Holden Kellerhals, Lending Strategist
NEXA Lending
Phone: (727) 591-5591
Email: [email protected]
NMLS# 2646551
Company NMLS# 1660690
Licensed in: FL, IA
Calculations based on 30-year fixed mortgage. PMI applies when down payment is less than 20%. Bank Statement loans are considered Non-Qualified Mortgage (Non-QM) products. Qualification is based on the review of personal or business bank statements rather than tax returns. Interest rates and down payment requirements for these products may be higher than those of conventional government-backed mortgages (such as FHA, VA, or Fannie Mae/Freddie Mac loans). Not all applicants will qualify. Annual Percentage Rate (APR) is subject to increase after consummation. Advertised terms are based on a loan amounts with a 760 FICO, Loan-to-Value, and 30-year fixed/ARM rate. Monthly payments includes principal and interest only; actual payment will be higher with taxes and insurance and HOA. This is not an offer to enter into an agreement. This is not a commitment to make a loan. Not all customers will qualify. Information, rates and programs are subject to change without prior notice. All products are subject to credit and property approval. All approvals are subject to underwriting guidelines. Not all products are available in all states or for all dollar amounts. Other restrictions and limitations may apply. VA loans subject to individual VA Entitlement amounts and eligibility, qualifying factors such as income and credit standards, and property limits. NEXA Mortgage, LLC is not affiliated with any government agencies. These materials are not from VA, HUD or FHA, and were not approved by VA, HUD or FHA, or any other government agency. Copyright © 2025 NEXA Mortgage, LLC NMLS#1660690. AZMB#0944059. 5559 S Sossaman Rd, Bldg #1 Ste #101, Mesa, AZ 85212, 602-344-9333. NEXA Mortgage, LLC is an Equal Housing Lender. All rights reserved.
Mortgage Market Update: MBS Prices Dip Slightly May 13
May 13, 2026
As of Wednesday, May 13, 2026, the mortgage market remains in a holding pattern with limited fresh data. Mortgage-backed securities (MBS) experienced a modest decline of 3bps today. This subtle shift warrants attention from homebuyers and sellers monitoring rate trends.
The primary market movement today centers on MBS, which fell 3bps. This decline in MBS prices typically signals mild upward pressure on mortgage yields. Without accompanying rate trend data or commentary, the bond market appears cautious mid-week. Loan officers advise watching for follow-through in upcoming sessions. Such movements often reflect broader economic sentiment.
Housing market dynamics continue to evolve without new inventory updates this week. Affordability remains a key focus as any rate sensitivity impacts buyer budgets. The slight MBS dip could temper recent stability in borrowing costs. Professionals note that steady demand persists despite these fluctuations. Monitoring affordability metrics helps prospective homeowners plan effectively.
For buyers, today's MBS movement suggests rates may hold firm or edge higher slightly, reinforcing the value of locking in soon. Sellers might see balanced activity if inventory constraints linger. This environment favors prepared participants who stay informed on bond shifts. Timing remains crucial in a market with minimal volatility. Consulting a loan expert ensures alignment with personal goals.
Overall, the mortgage landscape on May 13, 2026, shows quiet stability punctuated by a 3bps MBS decline. Staying attuned to these nuances positions borrowers advantageously. Forward-looking strategies will define success in the coming weeks.