Downside

The Downside of Ultra Low Rates; Builder Confidence Fully Recovered?

The Downside of Ultra Low Rates Actions and reactions are as true in the bond market as in the natural world. The equal and opposite reaction to a sub 3% 30yr fixed rate is a spike in the supply of new MBS. From there, supply/demand 101 says we should see downward pressure on prices. That’s […]

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