What’s on the Agenda for this Week? Wow! The stock market (as measured by the DJIA) had its worst open in 84 years, -415 points. And mortgage backed securities (MBS) up…
Nick AlvinoJanuary 5, 2016
What Happened Last Week? Mortgage backed securities (MBS) lost 36 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher from the prior week. For…
Nick AlvinoNovember 3, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost just 2 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week.…
Nick AlvinoOctober 26, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 12 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week. There…
Nick AlvinoOctober 19, 2015
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 higher from the prior week. After…
Nick AlvinoOctober 13, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 67 basis points (BPS) from Wednesday's close which caused fixed mortgage rates to improve. It's Fed-O-Rama...can you feel it? The bulk…
Nick AlvinoSeptember 21, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 34 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways to slightly higher as they…
Nick AlvinoSeptember 14, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 16 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways as we traded in a…
Nick AlvinoSeptember 8, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 26 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher. We had a wild…
Nick AlvinoAugust 31, 2015