Follow prices resting on the 200-day Moving Average. If MBS prices fall beneath this floor, it would be bad for loan pricing. Learn what is happening right now by watching the video below and then educate your clients, prospects and partners.
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Navigating the Unchartered Waters: Rising Interest Rates in Mortgage Lending Explore how rising interest rates are affecting mortgage lending and homebuyer affordability in the current market.
Estimated reading time: 0 minutes, 24 seconds
Bodnar of MMG: Why Bond Pricing Worsened
Bill Bodnar of The Mortgage Market Guide explains that rates ticked up a bit and MBS saw price declines despite Fed bond buying. On Wednesday, the Fed purchased $9 Billion in bonds and pricing worsened... why? $20 Billion was offered for sale.
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