Mortgage rates are based on bond market movement and bonds are much stronger today compared to Monday. Although bonds were closed yesterday for the V...
MBS are now at the weakest levels of the day, down 6 ticks (.19) overall and an eighth of a point from the highs. Negative reprices aren't especially ...
Rates are dictated by bonds and bonds take cues from economic data. But during the shutdown, the most important data has been on hold. This week broug...