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:
“May my application so close
To so endless a repetition
Not make me tired and morose
And resentful of mans condition.”
—Robert Frost (18741963)
“Science is intimately integrated with the whole social structure and cultural tradition. They mutually support one otheronly in certain types of society can science flourish, and conversely without a continuous and healthy development and application of science such a society cannot function properly.”
—Talcott Parsons (19021979)
“The main object of a revolution is the liberation of man ... not the interpretation and application of some transcendental ideology.”
—Jean Genet (19101986)