The three areas that have the greatest ability to impact MBS backend pricing this week are: (1) The Talking Fed, (2) Central Bank Palooza and (3) Jobs, Jobs, Jobs.
Learn from the Past Overview Mortgage backed securities (MBS) gained 29 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower compared to the prior…
What Happened Last Week? Mortgage backed securities (MBS) gained 47 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. Rates moved sideways all week,…