Monthly Archives: March 2015

Rates Improve to 6 Week Lows!

Rates Improve to 6 Week Lows! March 24th, 2015 Interest rates continued to improve last week and so far this week. Interest rates have improved 11 of the past 12 days and are currently at 6 week lows. The Mortgage Backed Security market closed up +96 bps last week and is trading up +43 bps […]

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Rates Trend Lower before FED Announcement on Wednesday

Rates Trend Lower before FED Announcement on Wednesday March 16th, 2015 Interest rates had a great week last week with the Mortgage Backed Security (MBS) market closing the week trading up + 79 bps. The market also closed up on Monday March 16th +19 bps. This was welcome news for interest rates after their rapid […]

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Rates Move Higher with February’s Employment Report

Rates Move Higher with February’s Employment Report March 9th, 2015 Interest rates climbed rapidly on Friday with job creation numbers that beat their projections. On Friday alone, the Mortgage Backed Security (MBS) market traded down -77 bps and closed the week down -130 bps. Luckily, there was some improvement Monday with the MBS market closing […]

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Rates Volatile Before Employment Report on Friday

Rates Volatile Before Employment Report on Friday March 3rd, 2015 Interest rates improved last week with the Mortgage Backed Security market trading up + 69 bps. This week, the MBS market has erased most of the gains from last week – currently trading down – 57 bps on the week. Rates have been volatile on […]

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