What happened last week?MBS Overview - Learn from the PastMortgage backed securities (MBS) gained +62 basis points (BPS) from last Friday's close which caused 30 year fixed mortgage rates to…
Market Wrap-UpThe stock market was mixed with the DJIA losing just -5.88 and the NASDAQ gaining +13.52.There was a light start to the week after the bond market was closed…
What happened last week?MBS Overview - Learn from the PastMortgage backed securities (MBS) gained +50 basis points (BPS) from last Friday's close which caused 30 year fixed mortgage rates to…
What's on the agenda for this week?Mortgage Backed Securities (MBS) OverviewThis is a big week for economic data with the long-bond market squarely focused on two events: Thursday's ECB meeting…
Mortgage Backed Securities (MBS) OverviewAt 3:30 EST, FNMA MBS was up +10 BPS with 90 minutes left to trade. The stock market (DJIA -114.38) was down with 30 minutes to…
Mortgage Backed Securities (MBS) OverviewMBS opened with positive momentum as traders bid up MBS from the 200-day moving average. This is very common as the 200-day moving average is the…
What happened last week?Mortgage backed securities (MBS) lost -33 basis points (BPS) from last Friday's close, which caused 30-year fixed mortgage rates to increase and wiped out the prior week's…
What's on the agenda for this week?Mortgage backed Securities (MBS) sold off immediately as traders took the money that they parked into bonds over the long weekend out and back…
Mortgage backed securities (MBS) continue to receive fantastic international demand which will give us great support and probably some very small gains over Friday's close. On a weekly basis, we…
What happened last week?Mortgage backed securities (MBS) gained +62 basis points (BPS) from last Friday's close which caused 30 year fixed mortgage rates to move lower and hit their best…