What Happened Last Week? Mortgage backed securities (MBS) gained 73 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower. It was a nice reversal…
What Happened Last Week? Mortgage backed securities (MBS) lost 44 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher. There were the lowest rates…
What Happened Last Week? Mortgage backed securities (MBS) lost 2 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways on a very "choppy week"…
What Happened Last Week? Mortgage backed securities (MBS) gained 47 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. Rates moved sideways all week,…
What Happened Last Week? Mortgage backed securities (MBS) gained 35 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. It was a week of…
What Happened Last Week? Mortgage backed securities (MBS) gained 22 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways. It was another week of…
What Happened Last Week? Mortgage backed securities (MBS) gained just 4 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways. There was a lot…
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…
What Happened Last Week? Mortgage backed securities (MBS) lost 29 basis points (BPS) from Wednesday's close which caused pricing to move sideways. MBS are effectively moving sideways and in a…
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…