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…
What Happened Last Week? Mortgage backed securities (MBS) gained 22 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways. It was another week of…
What Happened Last Week? Mortgage backed securities (MBS) gained just 4 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways. There was a lot…