What happened last week? Overview Mortgage backed securities (MBS) gained 53 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week.…
Market Wrap-up Overview It was a weak open to the holiday-shortened week. There were only low-level domestic reports that had zero impact on pricing. But rising German 10-year yields did…
What happened last week? Overview Mortgage backed securities (MBS) lost 14 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly lower for the week.…