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Huh? Current mortgage rates are the highest they have been since the 08/09 financial crisis. When exactly do you think they were buying 30 year MBS that would
by bequanna 4y ago
Huh?
Current mortgage rates are the highest they have been since the 08/09 financial crisis.
When exactly do you think they were buying 30 year MBS that would yield 5%?
At current rates, I would guess the FED has a sizable paper loss on their MBS holdings. Not that it matters tho.
- naveen99 4y agoBefore 2010: https://fred.stlouisfed.org/series/MORTGAGE30US https://fred.stlouisfed.org/series/MORTGAGE30US