Primary Fixed Rate Mortgage Yields Fall 0.06% And Mortgage Servicing Values Rise This Week

By Donald van Deventer:

Kamakura Corporation projections for U.S. Treasuries and fixed rate mortgages this week reflected the 0.06% fall in current 15 year and 30 year fixed rate mortgage all-in yields. This week’s projections show that the implied forward yields for 15 year fixed rate mortgages rise from a current effective yield of 3.372% (down 0.06% from last week) to 5.359% in 10 years, down 0.06% from last week. The all-in yield on 30 year fixed rate mortgages was down 0.061% at 4.162%, after the fall in long term Treasury yields of 0.07% to 0.12% at maturities from 2 to 30 years. The value of net servicing for 30 year fixed rate mortgages rose 0.06% this week. Here are the highlights of this week’s implied forecast:

  1. The current all-in yield on a 30 year fixed rate mortgage is 4.162%, a change of -0.062% versus last week.
  2. The current all-in yield on a 15

Complete Story »

Editors’ Picks Articles on Seeking Alpha

This entry was posted in Finance and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>