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) 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
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