What happened last week? Overview Mortgage backed securities (MBS) gained 59 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower and basically reversed the…
Nick AlvinoMarch 21, 2016
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 47 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. Rates moved sideways all week,…
Nick AlvinoAugust 3, 2015