REM - Armour Residential REIT And Orchid Island Capital: MBS Pricing For April-May 2019
Focus of Article:
The focus of this article is to provide readers fixed-rate agency mortgage-backed security (“MBS”) price movements during the second quarter of 2019 (through 5/24/2019). This includes pricing for both 15- and 30-year fixed-rate agency MBS holdings. Due to the constant fluctuations of mortgage interest rates/U.S. Treasury yields, a growing number of readers have asked that I periodically provide this specific analysis showing how changes in MBS pricing directly impact the mortgage real estate investment trust (mREIT) sector. I believe providing more timely articles of this nature allows readers the ability to pursue