I hope you had a great 4th of July weekend! What Happened Last Week? Greece has defaulted and voted to "stick it" to the IMF/ECB, etc. And the reaction by…
Nick AlvinoJuly 6, 2015
What happened last week? Mortgage backed securities (MBS) gained 68 basis points (BPS) from last Friday's close which caused fixed mortgage rates to decrease from the prior week but are…
Nick AlvinoJune 22, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost -8 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their highest levels of 2015…
Nick AlvinoJune 15, 2015
What Happened Last Week? The 3.50 FNMA Mortgage backed securities (MBS) coupon lost 161 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their…
Nick AlvinoJune 8, 2015
What Happened Last Week? MBS Overview - Learn from the Past Mortgage backed securities (MBS) gained +54 basis points (BPS) from last Friday's close, which caused fixed mortgage rates to…
Nick AlvinoJune 2, 2015
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…
Nick AlvinoMay 25, 2015
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…
Nick AlvinoMay 18, 2015
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.…
Nick AlvinoMay 11, 2015
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…
Nick AlvinoMay 4, 2015