THIS WEEKThis is by far the biggest week for economic data that we have had in a long time.Housing: Pending Home Sales and the Case-Shiller Home Price Index.Labor Markets: ADP…
Nick AlvinoApril 28, 2014
What's on the agenda for this week?This is a holiday-shortened week Thursday - the Bond Market will close early at 2:00pm EDT Friday - the Bond Market will be closed…
Nick AlvinoApril 14, 2014
WHAT'S ON THE AGENDA FOR THIS WEEK?The biggest event of the week will be Wednesday's release of the minutes from the last FOMC meeting. The market will want to see…
Nick AlvinoApril 7, 2014
MBS (Mortgage Backed Securities) OVERVIEWThis is a blockbuster week with a big-name economic report each and every trading session that has the weight to move the markets. We get a…
Nick AlvinoMarch 31, 2014
Last Friday the bond and mortgage markets improved a little, but early this morning the bond and mortgage markets started weaker---about the same price changes that occurred Friday. Markets are…
Nick AlvinoMarch 24, 2014
News from the UkraineBy now you know Crimean voters voted to join Russia in the election held yesterday. About 97% of the voters in the southern Ukraine region who took…
Nick AlvinoMarch 17, 2014
What happened last week?MBS OVERVIEW Mortgage backed securities (MBS) lost 94 basis points (BPS) from last Friday's close which caused 30-year fixed mortgage rates to increase and more than wiped…
Nick AlvinoMarch 10, 2014
What happened last week?MBS OVERVIEW Mortgage backed securities (MBS) gained +75 basis points from last Friday's close which caused 30-year fixed mortgage rates to improve. The market saw the lowest…
Nick AlvinoMarch 3, 2014
MORTGAGE BACKED SECURITIES (MBS) OVERVIEWThere are no major economic reports today but we do have a very interesting week ahead of us with Treasury auctions, Talking Feds and some big-name…
Nick AlvinoFebruary 24, 2014