What Happened Last Week? Mortgage backed securities (MBS) lost 44 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher. There were the lowest rates…
What Happened Last Week? Mortgage backed securities (MBS) lost 2 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways on a very "choppy week"…
What Happened Last Week? Mortgage backed securities (MBS) gained just 4 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways. There was a lot…
What Happened Last Week? The 3.50 FNMA Mortgage backed securities (MBS) coupon lost 161 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their…
This Week After a week with no economic releases, this week we have a number of measurements: On Monday, April retail sales are expected to have declined. Wednesday and Thursday…
This Week follows on the best weeks we have had recently in the interest rate markets. Monday should, however, see some pressure in bonds and mortgages after such a deep…