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…
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…
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…
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.…
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…
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…
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…
What Happened Last Week?Mortgage backed securities (MBS) lost -27 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher from the prior week. The…
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…