Posted on Thursday, 24th September 2009 by chrisjones

Market: So the economy is roaring back, eh? Weeeeellllll…. Some are beginning to wonder.  Mortgage-backed securities (these are the bonds issued by FNMA, etc. that directly link to mortgage interest rates – also abbreviated “mbs” in this space) are not reacting the way one would expect if everything was rosy going forward.  As the economy [...]

Tags: , , ,
Posted in Rate Watch | Comments (0)