MMG Weekly Recap 11/19/20

by Bill Bodnar, on November 19, 2020 at 3:41 PM

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

Mortgage Bond prices are testing all-time highs while we watch for a potential "Triple Top" formation. The 10-year yield is elevated and continues to make higher highs and higher lows since the summer. There is a major tug-of-war at play vaccine hopes versus a meteoric rise in COVID-19 cases.

Next week is holiday shortened and there is a lot of data crammed into the calendar which includes Treasury auctions, GDP, Durable Goods, and PCE.

Find out what this means for you in this week's recap video: 

MMG Weekly Recap 19NOV20

Mortgage Market Guide members receive an extended version of this video that includes pipeline management strategies and lock/float recommendations.

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Topics:Mortgage Market GuideMortgage TechnologyMMG Weekly RecapMortgage RatescoronavirusTreasuryBondsVaccineGDP