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Businesseldaa
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Reposted by Businesseldaa
Secondary mortgage spreads are down a massive 20bps+ on the week, with most of that move happening this morning.

What's happening? The mortgage market is undergoing a structural repricing following the directive for Fannie & Freddie to deploy $200B into MBS.

Let's dig in a bit in the 🧵

#EconSky
January 9, 2026 at 2:52 PM
Reposted by Businesseldaa
Real-time policy transmission...

Collapsing mortgage spreads translating to immediate relief for the 30Y fixed rate mortgage.

First time below 6% since early '23 according to MND
#EconSky
January 9, 2026 at 4:57 PM
The future.........
January 27, 2026 at 9:53 AM
This is not just a picture but this is the future🔮
January 27, 2026 at 9:49 AM
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January 27, 2026 at 9:47 AM