Mortgage Market Guide's recap of what happened this week and why.
This week it is all about an overwhelming policy response from the Fed and Administration meeting the market response...what stocks, bonds and the US Dollar think of it all.
The Fed confirmed they are not even thinking about thinking about raising rates or tapering bond purchases. The Administration laid out details of the American Jobs Plan, bringing the three plans to $6T.
In the days, weeks and months ahead we will see if inflation is a problem, a further decline in the Dollar emerges and ultimately where these plans end up.
Watch the video below to see what this means for you, your clients and real estate partners