The markets have been very volatile in the past week. On Friday Feb 28, we saw a big rally on MBS prices. On Tuesday Mar 3, the Fed cut interest rates by half of a percentage point, its biggest single cut in more than a decade. We have received many client inquiries about our model projections on current coupon, primary/secondary spread, and primary rates. Read explanations for some of the most common questions we received from clients like you.
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