Mortgage Yield - Application

Application

Mortgage yields are primarily a tool for comparing the mortgage bonds market with conventional bonds. The difference between the mortgage backed bond's yield and a conventional bond is called the yield curve spread.

Read more about this topic:  Mortgage Yield

Famous quotes containing the word application:

    The receipt to make a speaker, and an applauded one too, is short and easy.—Take of common sense quantum sufficit, add a little application to the rules and orders of the House, throw obvious thoughts in a new light, and make up the whole with a large quantity of purity, correctness, and elegancy of style.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)

    Great abilites are not requisite for an Historian; for in historical composition, all the greatest powers of the human mind are quiescent. He has facts ready to his hand; so there is no exercise of invention. Imagination is not required in any degree; only about as much as is used in the lowest kinds of poetry. Some penetration, accuracy, and colouring, will fit a man for the task, if he can give the application which is necessary.
    Samuel Johnson (1709–1784)

    If you would be a favourite of your king, address yourself to his weaknesses. An application to his reason will seldom prove very successful.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)