The three things that have the greatest ability to impact backend pricing this week are: (1) Stimulation Nation, (2) Coronavirus, and (3) The Talking Fed.
Learn from the Past Overview Mortgage backed securities (MBS) lost 7 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways for the week. Very…
Learn from the Past Overview Mortgage backed securities (MBS) gained 38 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week.…
What happened last week? Overview Mortgage backed securities (MBS) gained just 10 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways from the prior…