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…
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…
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…
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…
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…
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…
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…
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…