The mortgage sector is currently adding duration at the fastest pace in two years, according to a report by JPMorgan Securities released recently.

The growth in 30-year mortgage product is now higher versus 2003, when net production was comprised mostly of 15-year collateral. Analysts added that, unlike 2003, the current duration supply would probably prevail beyond October, since it is not the result of a refinance wave but rather a shift to fixed-rates.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.