The three areas that have the greatest ability to impact MBS backend pricing this week are: (1) Inflation Nation, (2) Central Bank Palooza and (3) Treasury Dump.
The three areas that have the greatest ability to impact backend pricing this week are: (1) Inflation Nation, (2) The Talking Fed and (3) Central Bank Palooza.
Learn from the Past Overview Mortgage backed securities (MBS) lost -32 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher for the week. The…
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…
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…
I hope you had a great 4th of July weekend! What Happened Last Week? Greece has defaulted and voted to "stick it" to the IMF/ECB, etc. And the reaction by…
What Happened Last Week? Mortgage backed securities (MBS) lost -8 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their highest levels of 2015…
What Happened Last Week? MBS Overview - Learn from the Past Mortgage backed securities (MBS) gained +54 basis points (BPS) from last Friday's close, which caused fixed mortgage rates to…
This week is a big one for interest rate markets. The economic calendar is full of data on businesses and manufacturing with both ISM reports (manufacturing and services), construction spending,…