Quantcast

September prepays down considerably

The October FNMA prepayment report - reflecting September activity - showed overall speeds were down 18% and 30-year FNMA discounts slowed significantly by more than 20%. The 15-year sector showed comparatively less declines, with 2003 15-year 4.5s and 2003 FNMA 5s almost converging.

As mentioned, the decelerating speeds exceeded...

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.

 

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.