MMG Weekly Recap 2/14/20

by Bill Bodnar, on February 14, 2020 at 12:35 PM

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:

MMG Weekly Recap 02FEB20

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