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MMG Weekly Recap 2/11/21

by Bill Bodnar, on February 11, 2021 at 1:45 PM

Mortgage Market Guide's recap of what happened this week and why.

Rates ticked up a bit and MBS saw price declines despite Fed bond buying.  On Wednesday, the Fed purchased $9B in bonds and pricing worsened - why?  $20B was offered for sale.

Follow prices resting on the 200-day Moving Average.  If MBS prices fall beneath this floor, it would be bad for loan pricing.  

Watch the video below to learn what is happening right now and educate your clients, prospects and partners.   

MMG Weekly Recap 12 Feb 21

MMG members receive an "insider" version of this video that includes pipeline management strategies and lock/float recommendations delivered straight to their inbox every week.

To get access to this critical information and position yourself as the go-to market pro in your area, sign up for a free 14-day membership of Mortgage Market Guide today when you click here!

Topics:Market analysisHousing MarketMMG Weekly RecapInflationFeddont fight the fedMortgageExpert

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