Between January 15 and January 21 the Federal Reserve purchased 19.009bn of agency mortgage backed securities. The once cheaper Freddie Gold MBS took a back seat to Fannie MBS this week. This brings the Federal Reserves MBS tab to $52.627bn....which equates to 10.53% of total expected spending. (Check out our Federal Reserve Purchase Indicator on the right side of the blog)

In the 12 days the Fed has been actively supporting the MBS market their purchases have averaged $4.3855bn per day.

MBS PRICE UPDATE

Fn 4.0-> +0-05  to 99-25            

Fn 4.5-> +0-06 to 101-08            Gn 4.5-> +0-01  to 101-10

Fn 5.0-> +0-02  to 102-05           Gn 5.0-> +0-02 to 102-14

Fn 5.5-> +0-01  to 102-24           Gn 5.5-> +0-00  to 102-27

Fn 6.0-> +0-01+ to 103-11          Gn 6.0-> +0-00  to 103-07