The delinquency rate for commercial mortgage-backed securities (CMBS) soared in November by 42 basis points to 6.40%, according to new data from Trepp Inc. One year ago, the delinquency rate was at 4.58%. Trepp attributed the upswing to substantial increases in the...
Simplify Asset Management, a New York City-headquartered provider of exchange-traded funds (ETFs), has launched the Simplify MBS ETF (MTBA) fund. MTBA invests in mortgage-backed securities (MBS) issued in 2023. MTBA will initially invest in the Federal National...
The Federal Reserve kept its finger on the pause button and opted against a new rate hike. The central bank’s policymaking Federal Open Market Committee unanimously approved this decision. In a statement, the Committee said it would maintain the target range of the...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
