Annaly Capital Management, Inc. (NLY) - $9.74 -0.13 (-1.27%)
Company DescriptionAnnaly Capital Management, Inc., owns, manages, and finances real estate related investments, including mortgage pass-through certificates, collateralized mortgage obligations, Agency callable debentures, and other securities.
Why mortgage applications rose despite a bond market sell-off
The MBA Applications Index rose 1% after falling the week before. Mortgage applications have dropped off a cliff ever since rates began increasing last spring.