The three areas that have the greatest ability to impact MBS backend pricing this week are: (1) Inflation Nation, (2) The Talking Fed and (3) Domestic Flavor.
The three areas that have the greatest ability to impact mortgage backed securities backend pricing this week are: (1) The Talking Fed, (2) Geopolitical and (3) Oil.
What Happened Last Week? Mortgage backed securities (MBS) gained 73 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower. It was a nice reversal…