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…
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…
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.…
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…
What happened last week?MBS Overview - Learn from the PastMortgage backed securities (MBS) gained +74 basis points (BPS) from last Friday's close which caused 30 year fixed mortgage rates to…