The three areas that have the greatest ability to impact backend pricing this week are: (1) Domestic Flavor, (2) The Talking Feds and (3) Treasury Dump.
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…
Learn from the Past Overview Mortgage backed securities (MBS) lost 149 basis points (BPS) from last Friday's close which caused fixed mortgage rates shoot higher compared to the prior week.…
Learn from the Past Overview Mortgage backed securities (MBS) gained 33 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower compared to the prior…
Learn from the Past Overview Mortgage backed securities (MBS) lost 20 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher but remained near…
Learn from the Past Overview Mortgage backed securities (MBS) lost just 7 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways compared to the…
Learn from the Past Overview Mortgage backed securities (MBS) gained just 1 basis point (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week.…