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  • 30-Year Fixed Mortgage Rates Remain Low as 10-Year Treasury Yield Climbs [View article]
    It would be interesting to see how this spread compares with the 10-20 year spread history. My impression is, but I am not sure, that since the mid '90's it has averaged near 180 bps. If that is correct, today's spread is tighter that during the panic of earlier in the year but can't really be considered tight vs. history.

    There is good money to be made in mortgage lending today, with spreads wide and (new loan) credit quality better than in many, many years. Just look at Q1 mortgage origination profitability at the big mortgage players - JPM, BAC, WFC, etc.The wipe-out of the "crazies" over the last few years has signicantly changed the competitive landscape.
    May 15 12:42 pm |Rating: 0 0
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