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…
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…
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…
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…
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…
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…
Mortgage Backed Securities OverviewThe bond market was closed yesterday in observance of President's Day, but the rest of the week is full of great economic releases.We will get a good…
Mortgage Backed Securities (MBS) Overview The much anticipated Non-Farm Payroll report arrived and it really disappointed. As a result, MBS shot up but then something interesting happened. They sold off…
This WeekMortgage Backed Securities OverviewThis is a big week that starts off with the installation of Janet Yellen as the Chairperson of the Federal Reserve this morning. There are no…
This is a huge week for economic data with some big-time reports that have the gravitas to really cause some swings in pricing. Â But the biggest event of the week…