What Happened Last Week? Mortgage backed securities (MBS) gained 35 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. It was a week of…
Nick AlvinoJuly 27, 2015
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…
Nick AlvinoJune 15, 2015
This Week Not much on the calendar this week until Wednesday. Wednesday has April existing home sales and two other key events: Ben Bernanke is scheduled to testify to the…
Nick AlvinoMay 20, 2013
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,…
Nick AlvinoApril 29, 2013
This Week follows on the best weeks we have had recently in the interest rate markets. Monday should, however, see some pressure in bonds and mortgages after such a deep…
Nick AlvinoApril 8, 2013
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…
Nick AlvinoMarch 18, 2013