Fannie Mae’s current-coupon 30-year fixed-rate mortgage bonds narrowed 0.03 percentage point to about 0.65 percentage point more than 10-year Treasuries as of 9:33 a.m. in New York. The gap, which has fallen from 0.82 percentage point on June 30, touched a low of 0.59 percentage point on March 29, two days before the Federal Reserve ended its buying of $1.25trn of home-loan debt.
Mortgage-bond yield spreads approach lowest level on record
Most Popular Articles
Latest Articles
Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.