The three areas that have the greatest ability to impact backend pricing this week are: (1) Stimulation Nation, (2) Central Bank Palooza and (3) Geopolitical.
The three areas that have the greatest ability to impact backend pricing this week are: (1) Geopolitical, (2) Central Bank Palooza, (3) Jobs, Jobs, Jobs.
What happened last week? Mortgage backed securities (MBS) gained 15 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week. It was…