Daniel Hyman
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In our U.S. housing market monitor, we discuss how elevated mortgage rates, shifting affordability, and widening regional divergence are reshaping the market and the investment landscape.
Targeted interventions could lower mortgage rates, but missteps risk making affordability worse.
Policy support is helping narrow mortgage spreads, and valuations remain historically attractive. Portfolio manager Dan Hyman discusses the opportunity across agency mortgage backed securities (MBS), which offer high quality, liquid exposure with defensive traits and compelling income potential.
Dan Hyman, Portfolio Manager, explores why agency mortgage-backed securities (MBS) are compelling for investors today, highlighting historical performance, current market dynamics, and the attractive yield potential ahead.
A rushed exit from conservatorship could increase mortgage rates and worsen home affordability.
Worried about how tapering may affect the mortgage market? PIMCO believes the impact will be less significant than you may think. Daniel Hyman, head of agency MBS portfolio management explains three reasons why.