VABS News and Press, Virtus Newfleet ABS/MBS ETF From 09/21/23

2023-09-21 12:35:00 ET Summary A tripling of US mortgage rates constrained both the demand and supply of housing, leaving existing home sales at post-GFC lows. Mortgage rates will rise further in the wake of the market's reaction to yesterday's Fed forecasts, further constraining ...

2023-09-21 08:59:48 ET More on Virtus Newfleet ABS/MBS ETF Seeking Alpha’s Quant Rating on Virtus Newfleet ABS/MBS ETF Dividend scorecard for Virtus Newfleet ABS/MBS ETF For further details see: Virtus Newfleet ABS/MBS ETF declares monthly distribution of ...

2023-09-20 20:15:00 ET Summary As was widely expected, the Fed kept the Fed Funds Rate target unchanged at the September FOMC meeting. As a result, the trading range remains at 5.25%–5.50%. While the policymakers continue to keep their options open for another potential rat...

2023-09-20 01:45:00 ET Summary At the start of the year, many investors predicted 2023 would be the year of the bond. Instead, while fixed income returns have struggled, US equities have delivered double-digit returns. Stocks have benefited from conservative investor positioning a...

2023-09-13 08:40:00 ET Summary In a volatile economic environment, core commercial and multifamily mortgage loan investments may provide investors with an attractive credit risk profile, appealing relative value, and diversification benefits. From a relative value perspective, CML...

2023-09-13 01:40:00 ET Summary According to data from the National Centers for Environmental Information (NCEI), the average number of severe events per year has increased over time, as have the financial and human costs. So far this year, there have been 23 confirmed weather-rela...

2023-09-09 06:15:00 ET Summary AIER's Business Conditions Monthly indicators show mixed results in July 2023, with the Leading Indicator reaching its highest level since June 2021. The Roughly Coincident Indicator remains unchanged, while the Lagging Indicator shifts from slight c...

2023-09-06 23:50:00 ET Summary The Atlanta Fed’s GDPNow is looking for nearly 6.0 percent annualized third-quarter real GDP growth. Is the coast clear of recession (for now), or is this the last gasp of strength? Monetary policy works with long and variable lags – no...

2023-09-04 10:25:00 ET Summary Thirty-year mortgage rates were over 7 percent at the end of August 2023, a level not seen (other than two isolated weeks) since 2002. Interest rates are higher due to the Federal Reserve’s increases in rates from their near-zero levels. T...

2023-08-30 20:40:00 ET Summary The national average of a 30-year fixed rate mortgage is at the highest level in over 20 years. Rates for new mortgages are especially elevated relative to rates on already outstanding mortgages. Last week’s update on the national average ...