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,…
Nick AlvinoNovember 9, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 81 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move lower from the prior week. Last…
Nick AlvinoOctober 5, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 67 basis points (BPS) from Wednesday's close which caused fixed mortgage rates to improve. It's Fed-O-Rama...can you feel it? The bulk…
Nick AlvinoSeptember 21, 2015
What Happened Last Week? Mortgage backed securities (MBS) lost 34 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways to slightly higher as they…
Nick AlvinoSeptember 14, 2015
What Happened Last Week? Mortgage backed securities (MBS) gained 16 basis points (BPS) from last Friday's close which caused fixed mortgage rates to move sideways as we traded in a…
Nick AlvinoSeptember 8, 2015
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 35 basis points (BPS) from last Friday's close which caused fixed mortgage rates to improve slightly. It was a week of…
Nick AlvinoJuly 27, 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