Ginnie Mae securities rally, driving mortgage REITs
The ten-year bond sold off, with yields increasing from 2.16% to 2.25%. Ginnie Mae TBAs rallied to close at 104-19.
Mortgage predictions for 2015
We ask three experts how they think the year ahead will pan out for home buyers and home owners. Here were their predictions for 2015. Thanks to wide-ranging pension reforms, changes to the property market …