Europe
MBS RECAP: Rates Are In Big Trouble, But Why?
Posted To: MBS Commentary
Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn't go any higher, they did. New intraday highs of 1.394% in 10yr yields, and closing near the 1.37% inflection point. MBS aren't happy about it. When rates spike this quickly, MBS typically have to undergo a fast and painful repositioning of relevant coupons. The current iteration has seen 2.5 UMBS take the place of 1.5 coupons in just a few short weeks. But even 2.5 coupons got killed today. Multiple lenders repriced for the worse–some of them more than once. Econ Data / Events Fed MBS Buying 10am, 1130am, 1pm Leading Economic Indicators 0.5 vs 0.5 f'cast Market Movement Recap 08:40 AM Heavy selling overnight in Asia. 10's hit highs of 1.394. Better buying in Europe despite…(read more)
$16.9M French Provincial Mansion Near NOLA Is Louisiana’s Most Expensive Home
On the market for $16,895,000, a Metairie, LA, mansion built with the best of everything now stands as Louisianaâs most expensive home.
The post $16.9M French Provincial Mansion Near NOLA Is Louisiana’s Most Expensive Home appeared first on Real Estate News & Insights | realtor.com®.
The CDC says people who are fully vaccinated can skip quarantine â with caveats
When will international travel return? A country-by-country guide to coronavirus recovery
How to Retire in Turkey: Costs, Visas and More
Turkey is filled to the brim with beautiful architecture, art and a melange of cultures that reaches back thousands of years. Itâs home to artifacts from communities like the Hittites, Ancient Greeks, early Christians and Mongols, which fill this nation … Continue reading →
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You can fly Lufthansa first class for less than $1,000 right now
A Points Collector’s Guide to Air France-KLM
Flying Blue is a joint loyalty program of two European airlines: Air France (headquartered at Charles de Gaulle Airport in France) and KLM (headquartered in Amsterdam Airport Schiphol in theâ¦