limited-refinancing
Mortgage-Bond Spreads Surpass Lows Reached During Fed Buying
July 28, 2010 by publisher · Leave a Comment
Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates reached record lows relative to 10-year Treasuries, as investors search for higher returns amid limited refinancing by borrowers.
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Mortgage-Bond Spreads Surpass Lows Reached During Fed Buying