Latest Updates Around The World
“Continued demand for rental properties, driven by a tight housing market and rising rents, has also fueled real estate investor activity, making DSCR the financing vehicle of choice for these investments. Secondary investor interest in non-QM RMBS is also growing, and we may see DSCR enter this market in a meaningful way next year,” Halpern […]
Purchases fell 22% from October and 6% year-on-year as high home prices and low inventory levels continued to curb demand, the report said. report. The Optimal Blue Mortgage Market Indices (OBMMI) 30-year conforming fixed rate – the benchmark for CME Group‘s mortgage rate futures fell 1 basis point to 6.14% in November, an improvement of […]
In terms of credit performance for these pools, delinquencies of 30 days or more ended the third quarter at 5.65%, little changed from the second quarter but up 33 basis points from a year earlier. Prepayment activity also increased, with conditional prepayment rates reaching 14.1%, while conventional mortgage rates fell to the low to mid-6% […]
The central bank carried out Rs 12,470 crore worth of open market operations (OMO) purchases in the secondary market in the week ended November 7, the first such move in five months, as it sought to shore up domestic bank liquidity amid rising bond yields. The yield on ten-year benchmark bonds closed at 6.52%, two […]
Mumbai: Retail investors are rushing into sovereign gold bonds (SGBs) – a popular government-issued debt instrument denominated in gold – in the secondary market, pushing prices far above gold’s record levels. Last week, individuals paid premiums of up to 32% above the metal’s spot price amid the sharp rise in prices, sparking the buying frenzy. […]
The Securities and Exchange Board of India’s (SEBI) recently drifted consultancy on the relief of the minimum public shareholders (MPS) -standard only a limited impact on the IPO market of India, according to Pranav Haldea, managing director of Prime Database Group. Speaking with et now, Haldea said that although the proposed relaxation could benefit a […]
“The fact that this offer was surplus is a powerful approval of the knock-bridge loan as a stable, reliable investment,” said Sean Black, co-founder and CEO of Knock, in a statement. “Access to the bond market not only reinforces the trust of investors in our model, but also opens a new capital channel that we […]
