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Mortgage Overview

Weekly Mortgage Overview: 8/3/2015

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,…
Nick Alvino
Nick AlvinoAugust 3, 2015
Mortgage Overview

Weekly Mortgage Overview: 7/27/2015

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…
Nick Alvino
Nick AlvinoJuly 27, 2015
Mortgage Overview

Weekly Mortgage Overview: 7/20/2015

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…
Nick Alvino
Nick AlvinoJuly 20, 2015
Mortgage Overview

Weekly Mortgage Overview: 7/13/2015

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…
Nick Alvino
Nick AlvinoJuly 14, 2015
Mortgage Overview

Weekly Mortgage Overview: 7/6/2015

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…
Nick Alvino
Nick AlvinoJuly 6, 2015
Mortgage Overview

Weekly Mortgage Overview: 6/29/2015

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…
Nick Alvino
Nick AlvinoJune 29, 2015
Mortgage Overview

Weekly Mortgage Overview: 6/22/2015

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…
Nick Alvino
Nick AlvinoJune 22, 2015
Mortgage Overview

Weekly Mortgage Overview: 6/15/2015

What Happened Last Week? Mortgage backed securities (MBS) lost -8 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their highest levels of 2015…
Nick Alvino
Nick AlvinoJune 15, 2015
Mortgage Overview

Weekly Mortgage Overview: 6/8/2015

What Happened Last Week? The 3.50 FNMA Mortgage backed securities (MBS) coupon lost 161 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their…
Nick Alvino
Nick AlvinoJune 8, 2015
Mortgage Overview

Weekly Mortgage Overview: 6/1/2015

What Happened Last Week? MBS Overview - Learn from the Past Mortgage backed securities (MBS) gained +54 basis points (BPS) from last Friday's close, which caused fixed mortgage rates to…
Nick Alvino
Nick AlvinoJune 2, 2015
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  • About Nick
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  • Mortgage Explained
    • 5 Steps to Preapproval
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    • 10 Steps to Loan Processing
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    • Mortgage Definitions
    • Purchase Loan Application
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