What Happened Last Week? Mortgage backed securities (MBS) gained +27 basis points (BPS) from Wednesday's close which caused fixed mortgage rates to move sideways but did give a little more…
Mortgage Backed Securities (MBS) Overview The day started with intra-day lock bias at neutral which signified worse pricing than Friday but not a major sell-off. Essentially all of Friday's gains…
What Happened Last Week? Mortgage backed securities (MBS) gained +9 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways but it was a very volatile week.…
Mortgage Backed Securities (MBS) Overview The entire bond market is betting that Greece will default in at least a managed way...and instead of fear factor panic-buying...there will be MBS selling…