What happened last week?MBS Overview - Learn from the PastMortgage backed securities (MBS) lost -24 basis points (BPS) from last Friday's close which caused 30 year fixed mortgage rates to…
Nick AlvinoDecember 29, 2014
Mortgage Backed Securities (MBS) OverviewThe stock market (DJIA -99.99) closed way down and moved in the same direction as MBS.This was a fairly uneventful day, with the MBS market poised…
Nick AlvinoDecember 15, 2014
Mortgage Backed Securities (MBS) OverviewThis was a light day for economic news, with only one mid-level report (Labor Market Conditions Index) which dropped from 4.0 to 2.9.As expected, the 10…
Nick AlvinoDecember 8, 2014
MBS OverviewMortgage backed securities (MBS) remained at elevated levels all day. They started in positive territory on weaker Chinese and Eurozone Manufacturing data. But that trend started to change on…
Nick AlvinoDecember 1, 2014