Healthy housing market making mortgage bonds attractive

Semper CEO Greg Parsons interviewed on TheStreet : “A healthy housing market is making mortgage-backed bonds all the more attractive,” said Parsons. “Economic metrics supporting the sector continue to move in the right direction, especially with home price appreciation around five percent and home prices back to 2006 levels with better home affordability.” Parsons also pointed out that the quality of assets have materially improved since the mortgage meltdown in 2008, which should reassure investors that past excesses have been wrung out of the market. “We know what we are buying now and our models are far more accurate,” he said. Click below to join Semper’s private network to watch the full video and access additional commentary from Semper Capital Management.