As an MBS pool ages, or four to six months after component mortgages have passed at least once the threshold for refinancing, the prepayment speed tends to stabilize within a fairly steady range.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). steady state. Retrieved September 20, 2026, from http://smartdefine.org/steady_state/definitions/1164177 |
| Chicago | Barry Goldsmith. 2010. "steady state" http://smartdefine.org/steady_state/definitions/1164177 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, steady state, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/steady_state/definitions/1164177>. |
| MLA | Barry Goldsmith. "steady state" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/steady_state/definitions/1164177> |