by Bill Bodnar, on October 8, 2020 at 4:47 PM
Mortgage Market Guide's recap of what happened this week and why.
Today we discuss the interest rate outlook along with three things to follow:
- Don't Fight the Fed
- More Stimulus Ahead
- Back to the 80s
By blending the news and charts (price history) we can formulate a pretty good idea of what the rate drivers are and the key levels to follow. Right now it is clear that more stimulus is coming and we have to appreciate that too much of a good thing could be bad for rates.
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