MBS (Mortgage Backed Securities) OVERVIEWThis is a blockbuster week with a big-name economic report each and every trading session that has the weight to move the markets. We get a…
Last Friday the bond and mortgage markets improved a little, but early this morning the bond and mortgage markets started weaker---about the same price changes that occurred Friday. Markets are…
News from the UkraineBy now you know Crimean voters voted to join Russia in the election held yesterday. About 97% of the voters in the southern Ukraine region who took…
What happened last week?MBS OVERVIEW Mortgage backed securities (MBS) lost 94 basis points (BPS) from last Friday's close which caused 30-year fixed mortgage rates to increase and more than wiped…
What happened last week?MBS OVERVIEW Mortgage backed securities (MBS) gained +75 basis points from last Friday's close which caused 30-year fixed mortgage rates to improve. The market saw the lowest…