The three areas that have the greatest ability to impact MBS backend pricing this week are: (1) Jobs, Jobs, Jobs. (2) The Talking Fed and (3) Across the Pond.
Nick AlvinoApril 3, 2023
Learn from the Past Overview Mortgage backed securities (MBS) lost 17 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher for the week. It…
Nick AlvinoSeptember 24, 2018
Learn from the Past Overview Mortgage backed securities (MBS) gained just +3 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week.…
Nick AlvinoJune 18, 2018
Learn from the Past Mortgage backed securities (MBS) gained 45 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly lower from the prior week.…
Nick AlvinoJuly 24, 2017
What happened last week? Overview Mortgage backed securities (MBS) moved sideways for the week. As expected...another very narrow range, which means for the entire week, the net impact was zippo.…
Nick AlvinoMay 29, 2017
What happened last week? Overview Mortgage backed securities (MBS) gained 42 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week.…
Nick AlvinoMay 22, 2017
Market Wrap-up Overview With a full market working and strong domestic data this morning, experts assumed mortgage backed securities (MBS) would have a down day. MBS were driven lower but…
Nick AlvinoJanuary 3, 2017
What happened last week? Overview Mortgage backed securities (MBS) gained 9 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways during a very choppy…
Nick AlvinoDecember 5, 2016
What happened last week? Overview Mortgage backed securities (MBS) lost 13 basis points (BPS) from last Friday's close which caused fixed mortgage rates to slightly higher for the week. It…
Nick AlvinoNovember 28, 2016