Mortgage Market Guide's recap of what happened this week and why.
The Bond market is dealing with the enormous supply of Bonds being sold to pay for the three trillion dollar, and growing, stimulus measures. Friday's Jobs report will be the worst in U.S. history, but it is backward-looking and everyone is expecting a miserable number.
The Mortgage Market Guide (MMG) team is watching how state economies reopen, and if unemployment and new coronavirus cases decline. Should they do so, the recent increase in optimism will be justified. The opposite is also true.
Find out what this means for you, your borrowers, and your partners in this week's video recap:
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