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Goldman Pushes Subprime ABX Index as Housing Rebounds
Posted to: Around The Web
Thursday, November 29, 2012 7:20 PM

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Goldman Pushes Subprime ABX Index as Housing Rebounds: Mortgages Bloomberg Goldman Sachs Group Inc. (GS), which survived the U.S. real estate collapse five years ago with the help of derivative bets against subprime mortgages, is promoting the opposite trade to clients as housing recovers. The firm, which teamed with four other ...

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Mortgage Rates:
  • 30 Yr FRM 4.02%
  • |
  • 15 Yr FRM 3.24%
  • |
  • Jumbo 30 Year Fixed 4.20%
MBS Prices:
  • 30YR FNMA 4.5 106-31 (0-04)
  • |
  • 30YR FNMA 5.0 108-10 (-0-01)
  • |
  • 30YR FNMA 5.5 108-30 (-0-01)
Recent Housing Data:
  • Mortgage Apps -10.37%
  • |
  • Refinance Index -10.39%
  • |
  • Purchase Index -10.51%
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