Buying a loaner car from the dealer

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Under these conditions, we believe MBS bonds are likely to behave with more cash flow certainty. In this higher interest rate environment, homeowners with lower rates are less likely to refinance and prepay their mortgages. So, the estimates for prepayments are reduced and bonds remain outstanding longer with higher yields. Subject to change. With this large buyer not in the market, current investors are demanding a larger premium for holding MBSso the mortgage basis has increased from a low of 62 basis points on May 28, to basis points compared to similar duration US Treasury bond yields, as of June 30, Index buyingg is for illustrative purposes only.

Index performance does not reflect any management fees, transaction costs or buying a loaner car from the dealer. Indexes are unmanaged and one cannot invest directly titlemax title an index.