MBA Chart of the Week: 30-Year Fixed Rate vs. 10-Year Treasury

The yield on U.S. 10-year Treasuries fell to record lows last week, driven by increasing concerns regarding the spread of the coronavirus and its impact on the global and U.S. economy. Just last week, there has been an increase in occurrences of business shutdowns, travel restrictions and potential spending reductions.

MBA, Trade Groups Urge Congress to Ban GSE G-Fee Offsets

The Mortgage Bankers Association and nearly three dozen other industry trade groups, in a Mar. 6 letter to House and Senate leadership, urged Congress to continue to prevent use of Fannie Mae and Freddie Mac guarantee fees as a source of funding offsets.

MBA Chart of the Week: 30-Year Fixed Rate vs. 10-Year Treasury

The yield on U.S. 10-year Treasuries fell to record lows last week, driven by increasing concerns regarding the spread of the coronavirus and its impact on the global and U.S. economy. Just last week, there has been an increase in occurrences of business shutdowns, travel restrictions and potential spending reductions.

People in the News

The Mortgage Bankers Association presented Stacey Berger, Executive Vice President of Midland Loan Services, with its 2020 Commercial Real Estate Finance Distinguished Service Award.