by Bill Bodnar, on January 3, 2020 at 11:00 AM
Mortgage Market Guide's recap of what happened this week and why.
2020 begins the new year right where it left off in 2019 ... higher Stock prices, low yields, and historically low mortgage rates.
The new year will be without any Fed rate hikes, a recession is virtually off the table for the foreseeable future, while history tells us that Stocks tend to rise in an election year.
Finally, consumer spending continues to be strong, which will help to fuel the expanding economy while the robust labor market should continue to support the housing sector.
Let's see what this means for you, your borrowers, and your partners in this week's edition of the MMG Weekly Recap.
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