The three areas that have the greatest ability to impact MBS backend pricing this week are: (1) The Talking Fed, (2) Across the Pond and (3) Debt and Banking.
Learn from the Past Overview Mortgage backed securities (MBS) lost 34 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher compared to the previous…
Market Wrap-up Overview Mortgage backed securities (MBS) could not go higher as they opened right at the top of the intra-day trading channel. The only direction that they could move…
What happened last week? Mortgage backed securities (MBS) lost 37 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher from the prior week.…
What Happened Last Week? Mortgage backed securities (MBS) gained 27 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve from the prior week. 30 year…