In the event that markets rates of interest lose substantially, homeowners usually refinance the mortgages and you will pay the old loans earlier than expected
In the event that markets rates of interest lose substantially, homeowners usually refinance the mortgages and you will pay the old loans earlier than expected I In the event the rates miss, property owners often re-finance their mortgages, expanding prepayment pricing for the CMOsII In the event the rates of interest rise, residents usually re-finance …