Homeowners throughout the country are looking to refinance their mortgages thanks to lower borrowing costs, contributing to a sharp government bond rally. The recent bump in refinancings means investors who own the debt might soon see their loans paid back in full. So now, some large money managers are buying Treasuries and interest rate swaps in an effort to offset lost income from mortgages, the Financial Times reported. Applications to refinance home loans increased by […]
source https://therealdeal.com/2019/03/27/debt-investors-turn-to-treasury-bonds-for-revenue-to-offset-surge-in-home-loan-refinancings/
No comments:
Post a Comment