Prices on agency mortgage securities surged to historic highs Wednesday as these bonds continue to garner interest from buyers. The price on the 4.5% coupon rose to 104 Wednesday morning, before dropping back to 103-30, while the 5% coupon is at 106.
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Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?
Fortune Magazine and Great Place to Work this week announced the winners of its 2020 Best Companies to Work For list, ranking America’s best workplace environments for large companies. And multiple industry titans in the housing space made the list.