a. How does the spread between prevailing mortgage rates and the contract rate affect prepayments? b. Why

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a. How does the spread between prevailing mortgage rates and the contract rate affect prepayments?

b. Why is the path that mortgage rates followed in the past important in predict- ing future prepayments?

c. Why is there a seasonal effect in prepayments?

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Bond Markets Analysis And Strategies

ISBN: 9780130402660

4th Edition

Authors: Frank J. Fabozzi

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a. How does the spread between prevailing mortgage rates and the contract rate affect prepayments? b. Why

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Bond Markets Analysis And Strategies

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