DEED News and Press, First Trust TCW Securitized Plus From 06/28/23

2023-06-28 10:28:59 ET First Trust TCW Securitized Plus ETF ( NYSEARCA: DEED ) declares $0.105/share monthly dividend , 5% increase from prior dividend of $0.100. Forward yield 5.87% Payable June 30; for shareholders of record June 28; ex-div June 27. See...

2023-06-27 13:36:35 ET First Trust TCW Securitized Plus ETF ( DEED ) - $0.1050 . 30-Day SEC Yield of 6.13% as of May. 31. Payable Jun 30; for shareholders of record Jun 28; ex-div Jun 27. For further details see: First Trust TCW Securitized Plus ETF declares mont...

2023-06-27 03:05:00 ET Summary Striking the right balance between interest-rate and credit risk can be a good idea in the late stages of a credit cycle. We think it’s a particularly good idea in this credit cycle. Why? Consider that over the last 18 months, investors have g...

2023-06-22 08:56:00 ET Summary In the United States, 30-year mortgage rates play a big role in determining how affordable housing is for American households. As important as they are however, the historical data for mortgage rates is surprisingly lacking. Because housing sales...

2023-06-14 23:16:00 ET Summary With this skip, the Fed has hiked by 500 basis points in 15 months. Core CPI, which, on a month-to-month basis, accelerated for the second month in a row, and hasn’t improved at all in seven months. The median projection for the federal fu...

2023-06-12 03:22:00 ET Summary Considering the March banking crisis, non-financial debt growth was tepid for the second straight quarter. With its AAA rating and attractive liquidity profile, GSE obligations are the perfect asset for money market funds. A spike in yields would...

2023-06-06 10:43:00 ET Summary The reduction in new home sale prices in April 2023 combined with a small reduction in mortgage rates to boost their affordability. After increasing to 6.5% in March 2023, the average interest rate on a 30-year conventional mortgage dipped back to 6....

2023-06-03 02:19:00 ET Summary The Fed saw a reduction in its balance sheet of $177M. The majority of this was actually in Treasuries with less than 1-year maturity, totaling $102B. MBS fell short of the $35B reduction target yet again, seeing only $17.6B roll off the balance shee...

2023-06-01 02:00:00 ET Summary Spring selling season was a dud. But what comes next may be worse, that’s what mortgage applications and investors tell us. The average interest rate on 30-year fixed-rate mortgages with conforming balances jumped to 6.91%, the highest since N...

2023-05-12 01:25:00 ET Summary Although affordability remains an obstacle, recent data offer reasons to be more constructive as broader conditions still appear supportive of home prices. Demand is down due to the shock in affordability after the sharp rise in mortgage rates in the...