What happened last week? Mortgage backed securities (MBS) lost 33 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher sideways from the prior week.…
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…
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…
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…
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…
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.…
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…
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…
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…
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…