What happened last week? Overview Mortgage backed securities (MBS) gained 59 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower and basically reversed the…
What's on the agenda for this week? This morning's domestic economic data and action by PBOC will keep MBS in the green but there is still plenty of upward resistance…
What Happened Last Week? Mortgage backed securities (MBS) gained 67 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve from the prior week. 30 year…
What Happened Last Week? Mortgage backed securities (MBS) lost 74 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher from the prior week. Jobs,…
What Happened Last Week? Mortgage backed securities (MBS) lost 36 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher from the prior week. For…
What Happened Last Week? Mortgage backed securities (MBS) lost 37 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move higher from the prior week. After…