What Happened Last Week? Mortgage backed securities (MBS) lost 4 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week. It…
What Happened Last Week? Mortgage backed securities (MBS) gained 19 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week. +19…
What Happened Last Week? Mortgage backed securities (MBS) gained 65 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week. It…
What’s on the Agenda for this Week? Wow! The stock market (as measured by the DJIA) had its worst open in 84 years, -415 points. And mortgage backed securities (MBS) up…