What happened last week? Overview Mortgage backed securities (MBS) gained 59 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower and basically reversed the…
Nick AlvinoMarch 21, 2016
What's on the agenda for this week? This morning's domestic economic data and action by PBOC will keep MBS in the green but there is still plenty of upward resistance…
Nick AlvinoMarch 1, 2016
What Happened Last Week? Mortgage backed securities (MBS) gained 67 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve from the prior week. 30 year…
Nick AlvinoFebruary 2, 2016
What Happened Last Week? Mortgage backed securities (MBS) lost 4 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week. It…
Nick AlvinoJanuary 26, 2016
What’s on the Agenda for this Week? Wow! The stock market (as measured by the DJIA) had its worst open in 84 years, -415 points. And mortgage backed securities (MBS) up…
Nick AlvinoJanuary 5, 2016
What Happened Last Week? Mortgage backed securities (MBS) gained just 13 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior week.…
Nick AlvinoDecember 1, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 36 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher from the prior week. For…
Nick AlvinoNovember 3, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 26 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher. We had a wild…
Nick AlvinoAugust 31, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 44 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher. There were the lowest rates…
Nick AlvinoAugust 17, 2015