Mortgage Market Guide's recap of what happened this week and why.
As we head into the weekend, it appears the markets are embracing the idea of a divided Congress. The smaller stimulus plan, which is likely with a split government, is good for Bonds. The Fed is also likely to be called upon to do more as there will be no big fiscal stimulus plans forthcoming. A lot of Bond supply is coming to the market next week. Pay close attention.
Check out how this will affect you, your partners, and you your borrowers.
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