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?MBS Overview - Learn from the PastMortgage backed securities (MBS) lost -28 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher…
Nick AlvinoMarch 30, 2015
What Happened Last Week?MBS Overview - Learn from the PastMortgage backed securities (MBS) gained +98 basis points (BPS) from last Friday's close which caused mortgage rates to improve for the…
Nick AlvinoMarch 23, 2015
Mortgage Backed Securities (MBS) OverviewThe stock market (DJIA +228.11) closed way up as once again stocks and MBS moved in the same direction.This morning's domestic economic news was weaker than…
Nick AlvinoMarch 16, 2015
What happened last week?Mortgage backed securities (MBS) lost -131 basis points (BPS) from last Friday's close which more than wiped out the prior week's gain of +69 BPS and caused…
Nick AlvinoMarch 9, 2015
Mortgage Backed Securities (MBS) OverviewThere is no domestic news that can move MBS trades out of the current channel until Friday's Non-Farm payroll report; therefore, it is not worth the…
Nick AlvinoMarch 2, 2015
What happened last week?MBS Overview - Learn from the PastMortgage backed securities (MBS) lost -40 basis points (BPS) from last Friday's close which caused 30 year fixed mortgage rates to…
Nick AlvinoFebruary 23, 2015
MBS OverviewMortgage backed securities (MBS) have been relegated to trade within the exact same trading channel as Wednesday and Thursday. MBS have moved in a very narrow range all day.…
Nick AlvinoFebruary 16, 2015
MBS (Mortgage Backed Securities) OverviewThis has been a very quiet day with zero economic data for MBS to react to. MBS started the day with a small rebound from Friday's…
Nick AlvinoFebruary 9, 2015