March Mortgage-Backed Securities Increase as Investors Quickly Pivot to Bonds
Following news surrounding the banking sector's ongoing challenges, March mortgage-backed securities increased.
Following news surrounding the banking sector's ongoing challenges, March mortgage-backed securities increased.
This week, mortgage rates fluctuate unbelievably in the wake of Wednesday's Fed meeting. This fluctuation included their largest movement in sometime.
While significant economic news came out this week, retail sales dropped. In spite of this, the travel and entertainment industries saw a major a boom.
As the housing sector picks up, mortgage rates remained relatively quiet this week as the trade negotiations with China offered little news.