What Happened Last Week? Mortgage backed securities (MBS) gained 73 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower. It was a nice reversal…
Nick AlvinoAugust 24, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 2 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways on a very "choppy week"…
Nick AlvinoAugust 10, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 47 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. Rates moved sideways all week,…
Nick AlvinoAugust 3, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 35 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. It was a week of…
Nick AlvinoJuly 27, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 22 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways. It was another week of…
Nick AlvinoJuly 20, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained just 4 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways. There was a lot…
Nick AlvinoJuly 14, 2015
I hope you had a great 4th of July weekend! What Happened Last Week? Greece has defaulted and voted to "stick it" to the IMF/ECB, etc. And the reaction by…
Nick AlvinoJuly 6, 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
What happened last week? Mortgage backed securities (MBS) gained 68 basis points (BPS) from last Friday's close which caused fixed mortgage rates to decrease from the prior week but are…
Nick AlvinoJune 22, 2015