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…
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.
The three areas that have the greatest ability to impact backend pricing this week are: (1) Central Bank Palooza, (2) Domestic Flavor and (3) Coronavirus/Stimulus.
LEARN FROM THE PAST Overview Mortgage backed securities (MBS) gained just 6 basis points from last Friday's close which caused fixed mortgage rates to move sideways compared to the prior…
Learn from the Past Overview Mortgage backed securities (MBS) lost just 3 basis points from last Friday's close which caused fixed mortgage rates to move sideways compared to the prior…
Learn from the Past Overview Mortgage backed securities (MBS) lost 36 basis points from last Friday's close which caused fixed mortgage rates to edge up compared to the levels of…
Learn from the Past Overview Mortgage backed securities (MBS) lost 58 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move slightly higher from the prior…
Learn from the Past Overview Mortgage backed securities (MBS) gained 11 basis points (BPS) from last Friday's close which caused fixed mortgage rates move sideways on a weekly basis, However,…