Refinancing Rate Falls, Opening up an Opportunity for This ETF
March 31, 2022 at 11:42 AM EDT
Rising interest rates are souring the taste for refinancing transactions, according to CNBC. When rates rise, this could open up opportunities for exchange traded funds (ETFs) like the Vanguard Mortgage-Backed Securities Index Fund ETF Shares (VMBS). As expected, the U.S. Federal Reserve raised the...