The Minutes from the last FOMC meeting were issued. Here are a few highlights, although there was nothing new in the Minutes that we have not heard from various Fed…
Nick AlvinoFebruary 17, 2021
This is a very big week in terms of Fed speak, geopolitical issues, economics and more. The three areas that have the greatest ability to impact backend pricing this week…
Nick AlvinoSeptember 21, 2020
LEARN FROM THE PAST Overview Mortgage backed securities (MBS) gained just 6 basis points from last Friday's close which caused fixed mortgage rates to move sideways compared to the prior…
Nick AlvinoJuly 27, 2020
Learn from the Past Overview Mortgage backed securities (MBS) lost just 3 basis points from last Friday's close which caused fixed mortgage rates to move sideways compared to the prior…
Nick AlvinoJuly 20, 2020
Learn from the Past Overview Mortgage backed securities (MBS) lost 15 basis points (BPS) from last Friday's close which caused fixed mortgage rates to remain at their best (lowest) levels…
Nick AlvinoAugust 26, 2019
Learn from the Past Overview Mortgage backed securities (MBS) lost just 2 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways compared to the…
Nick AlvinoApril 1, 2019
Learn from the Past Overview Mortgage backed securities (MBS) lost 33 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher compared to the previous…
Nick AlvinoMarch 4, 2019
Learn from the Past Overview Mortgage backed securities (MBS) lost 25 basis points from last Friday's close which caused fixed mortgage rates to move higher. After a brief pause in…
Nick AlvinoOctober 22, 2018
Learn from the Past Overview Mortgage backed securities (MBS) gained just 4 basis points from last Friday's close which caused fixed mortgage rates to move sideways for the week. There…
Nick AlvinoJune 25, 2018