Volume 2010 - Number 31
August 6, 2010
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Sluggish Agency MBS Market Posts Modest Gain in New Issuance in July
Mortgage borrowers continue to shrug off historically low interest rates and pass up the chance to refinance in the bond market rally that U.S. homeowners didn’t – or couldn’t – take advantage of. A total of $103.46 billion of new agency MBS were issued in July. That was the strongest monthly production volume since January and marked a modest 2.0 percent... [Includes one chart and one graph]
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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