Market Wrap-up Overview With a full market working and strong domestic data this morning, experts assumed mortgage backed securities (MBS) would have a down day. MBS were driven lower but…
Nick AlvinoJanuary 3, 2017
What happened last week? Overview Mortgage backed securities (MBS) gained 9 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways during a very choppy…
Nick AlvinoDecember 5, 2016
What happened last week? Overview Mortgage backed securities (MBS) lost 13 basis points (BPS) from last Friday's close which caused fixed mortgage rates to slightly higher for the week. It…
Nick AlvinoNovember 28, 2016
What happened last week? Overview Mortgage backed securities (MBS) lost 43 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move to their highest level since…
Nick AlvinoOctober 31, 2016
What happened last week? Overview Mortgage backed securities (MBS) lost 57 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher for the week. The…
Nick AlvinoOctober 17, 2016
What happened last week? Overview Mortgage backed securities (MBS) gained just 9 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week.…
Nick AlvinoOctober 3, 2016
What happened last week? Mortgage backed securities (MBS) lost just 1 basis point from last Friday's close which caused fixed mortgage rates to move sideways for the week. Even though…
Nick AlvinoAugust 29, 2016
What happened last week? Overview Mortgage backed securities (MBS) gained just 6 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week.…
Nick AlvinoAugust 15, 2016
What happened last week? Mortgage backed securities (MBS) gained 57 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week and…
Nick AlvinoAugust 1, 2016