The Mortgage & Securitized investment team at Morgan Stanley Investment Management has released an update on trends and developments in the Agency Mortgage-Backed Securities (MBS) and housing markets for the third quarter of 2025. The team brings together experience in analyzing collateral within both U.S. government agency and non-agency MBS markets, as well as identifying investment opportunities across a range of global securitized assets.
According to the release, "The views and opinions are those of the author as of the date of publication and are subject to change at any time due to market or economic conditions and may not necessarily come to pass. The views expressed do not reflect the opinions of all investment personnel at Morgan Stanley Investment Management (MSIM) and its subsidiaries and affiliates (collectively the Firm”), and may not be reflected in all the strategies and products that the Firm offers."
The communication emphasizes that it is intended for informational and educational purposes only, rather than as a recommendation for specific securities or investment strategies. It also notes, "This material is a general communication, which is not impartial, is for informational and educational purposes only, not a recommendation to purchase or sell specific securities, or to adopt any particular investment strategy. Information does not address financial objectives, situation or specific needs of individual investors."
Charts and graphs included in the material are described as illustrative. The release cautions that past performance does not guarantee future results and reminds investors that all investments carry risks, including possible loss of principal.
For further details on content and disclosures, readers are directed to consult the full material.