The three areas that have the greatest ability to impact backend pricing this week are: (1) Domestic Flavor, (2) The Talking Feds and (3) Treasury Dump.
What happened last week? Overview Mortgage backed securities (MBS) lost just 13 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior…
What Happened Last Week? Mortgage backed securities (MBS) lost 13 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week. But…
What Happened Last Week? Mortgage backed securities (MBS) lost 25 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher from the prior week.…
What Happened Last Week? Mortgage backed securities (MBS) gained 67 basis points (BPS) from Wednesday's close which caused fixed mortgage rates to improve. It's Fed-O-Rama...can you feel it? The bulk…