Jeb Bush: Current housing and debt situation unsustainable

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance
W S

REwired

new REwired blog header
Opinion, commentary and analysis on everything that makes the U.S. housing economy tick -- not to mention the ghosts in the machine, too. Written by HW's team of editors and reporters each business day.
Investments

Don't look now: Fannie, Freddie, Ginnie bonds are on a roll

Second round of tapering being absorbed just fine

January 29, 2014
/ Print / Reprints /
| Share More
/ Text Size+

While the Federal Reserve continues to reduce holdings of mortgage-backed securities and Treasurys, the mortgage bond market is reacting well. Very well.

Too bad the stock market isn't feeling any love. And the yield on Treasury slid to a 2-month low on the tapering announcement.

But the good news is, Fannie Mae, Freddie Mac and Ginnie Mae (agency) mortgage bonds this week are primarily on the way up. However, no one is calling it a rally, so it's hard to determine if the performance will continue.

This update is from data analytics firm Interactive Data from the time the Fed made its announcement.

Bonds 1.22

And here it is two days ago.

Bonds 1.27

Compared to last week, January 22.

Bonds 1.22

Comments powered by Disqus