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 AlvinoJune 22, 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 AlvinoJune 8, 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 AlvinoJune 2, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained +27 basis points (BPS) from Wednesday's close which caused fixed mortgage rates to move sideways but did give a little more…
Nick AlvinoMay 25, 2015
Mortgage Backed Securities (MBS) Overview The day started with intra-day lock bias at neutral which signified worse pricing than Friday but not a major sell-off. Essentially all of Friday's gains…
Nick AlvinoMay 18, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained +9 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways but it was a very volatile week.…
Nick AlvinoMay 11, 2015
Mortgage Backed Securities (MBS) Overview The entire bond market is betting that Greece will default in at least a managed way...and instead of fear factor panic-buying...there will be MBS selling…
Nick AlvinoMay 4, 2015
Mortgage Backed Securities (MBS) Overview The stock market (DJIA -42.17) closed down as MBS and stocks once again moved in the same position. There was no domestic data but there…
Nick AlvinoApril 27, 2015
Mortgage Backed Securities (MBS) Overview The stock market (DJIA +208.68) closed up for the day. Just like Friday, this is another great example of the stock market having a huge…
Nick AlvinoApril 20, 2015