What Happened Last Week? Mortgage backed securities (MBS) gained 16 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways as we traded in a…
Nick AlvinoSeptember 8, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 2 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways on a very "choppy week"…
Nick AlvinoAugust 10, 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
What Happened Last Week? Mortgage backed securities (MBS) lost 29 basis points (BPS) from Wednesday's close which caused pricing to move sideways. MBS are effectively moving sideways and in a…
Nick AlvinoJune 29, 2015
What Happened Last Week? The 3.50 FNMA Mortgage backed securities (MBS) coupon lost 161 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their…
Nick AlvinoJune 8, 2015