What happened last week? Mortgage backed securities (MBS) gained 41 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly lower from the prior week.…
This Week In the late hours of Monday morning, Cyprus agreed to the outlines of an aid package, paving the way for 10 billion euros ($13B) of emergency loans to…
This Week Until this weekend, the most important event this week was the FOMC meeting on Wednesday. Over the weekend, though, the euro zone took center stage with debt issues…