Mortgage Backed Securities (MBS) Overview The stock market (DJIA -42.17) closed down as MBS and stocks once again moved in the same position. There was no domestic data but there…
Nick AlvinoApril 27, 2015
What Happened Last Week?Mortgage backed securities (MBS) lost -27 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher from the prior week. The…
Nick AlvinoApril 13, 2015
What Happened Last Week?Mortgage backed securities (MBS) gained +75 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower than the prior week. There was a…
Nick AlvinoApril 7, 2015