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Bankers Lose Appetite for Holding 15-Year Mortgages

by Rachel Witkowski
OCT 26, 2012 3:08pm ET
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Declining yields on fixed-rate mortgages are leading bankers to sell more of those loans on the secondary market. To them, yields on 15- and 30-year mortgages are insufficient to cover the risk of an inevitable rise in interest rates.

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