THE BASIS POINT

Mortgage Bonds Down 551 bps Since May 21

 

According to Mortgage Market Guide:

Since May 21, the 4.5% coupon has shed 556 basis points, pushing home loan rates to the highest level since the Federal Reserve announced its Mortgage Backed Security purchase plan back in November. Fears of future inflation and added supply have been the culprits behind the recent sell-off.

 

READ OUR NEWSLETTER

YOUR COMPETITORS ALREADY DO

Comments [ 0 ]

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

19 − nineteen =

x