Mortgage Market Guide's recap of what happened this week and why.
Have rates reached a near-term bottom? Possibly. Mortgage Bond's inability to push higher in the face of coronavirus uncertainty is a warning sign. A 10-year chart of the 10-year Note yield also speaks to the possibility of a sharp move higher in yields.
On the good news front, Home Depot hiring 80,000 people to help with the spring business is a reminder how lucky we are to be in the mortgage and housing business.
Let's take a look at what that means for you, your borrowers, and your partners in this week's MMG Weekly Recap video:
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