What happened last week?Mortgage backed securities (MBS) gained +131 basis points from last Friday's close which caused 30 year fixed rates to move lower. This marks the second straight week…
Nick AlvinoJuly 22, 2013
This WeekLast Friday’s stronger than expected employment report sent interest rates screaming higher with MBS prices down as much as 200 bps at one point in the day. It isn’t…
Nick AlvinoJuly 8, 2013
This WeekIt's employment week for June data. In the meantime, a few key reports will draw attention: the June ISM manufacturing and servicing sector indexes, May factory orders, and June…
Nick AlvinoJuly 1, 2013
This WeekExpect more selling in the stock market and the bonds and mortgage markets. The recent increase in interest rates has now increased the rate on the bellwether 10-year note,…
Nick AlvinoJune 24, 2013
This WeekWhile there is May housing data, existing home sales, the NAHB June housing market index, May starts and permits, and a couple of other key economic measurements, none of…
Nick AlvinoJune 17, 2013
This WeekThe MBS markets will open at near very key support levels after the so-so employment report last Friday. The May employment data was somewhat better than many were expecting…
Nick AlvinoJune 10, 2013
This Week: a Number of Key Data PointsThe May employment report on Friday is the major release. After the strong April data last month that started the relentless increase in…
Nick AlvinoJune 3, 2013
This Week Not much on the calendar this week until Wednesday. Wednesday has April existing home sales and two other key events: Ben Bernanke is scheduled to testify to the…
Nick AlvinoMay 20, 2013
This Week After a week with no economic releases, this week we have a number of measurements: On Monday, April retail sales are expected to have declined. Wednesday and Thursday…
Nick AlvinoMay 13, 2013