SPDR Bloomberg Barclays Mortgage Backed Bond ETF MBG
26.23 USD 0.00 (+0.00%)
At closeSep 20, 2019, 4:00 PM EDT
26.17 Day range 26.23
26.17 52-week range 26.23
News
benzinga.com Higher Mortgage Rates Are Bad For Borrowers, But Great For These ETFs Mortgage rates are rising, causing a decline in applications, but creating an opportunity for investors to profit through MBS ETFs due to increased yields and diminished prepayment risks.
benzinga.com Mortgage Applications Fall As Rates Climb Back Above 7% Mortgage applications slow as interest rates for 30-year mortgages rise back over 7%, causing loan requests to decline and purchase applications to decrease.