What Happened Last Week? Mortgage backed securities (MBS) gained 73 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower. It was a nice reversal…
Nick AlvinoAugust 24, 2015
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…
Nick AlvinoJuly 14, 2015
I hope you had a great 4th of July weekend! What Happened Last Week? Greece has defaulted and voted to "stick it" to the IMF/ECB, etc. And the reaction by…
Nick AlvinoJuly 6, 2015
What happened last week? Mortgage backed securities (MBS) gained 68 basis points (BPS) from last Friday's close which caused fixed mortgage rates to decrease from the prior week but are…
Nick AlvinoJune 22, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost -8 basis points (BPS) from last Friday's close which caused fixed mortgage rates to rise to their highest levels of 2015…
Nick AlvinoJune 15, 2015
This Week The bond and mortgage markets will likely be slightly weaker in price on Monday after a very quiet session last Friday. This week has March existing and new…
Nick AlvinoApril 22, 2013