Mortgage Market Guide's recap of what happened this week and why.
Volatility is back. Stocks lost nearly 1500 points in between Thursday and Friday, and MBS lost pricing. At the same time, the 10-year Note continues to make higher highs and higher lows in yield. Looking ahead, track the negative forces between the fear of a second surge in cases versus the multiple optimistic forces: jobs returning, states and businesses reopening, enormous policy response, housing demand, and more.
Find out more about what this means for you, your clients, and your partners in this week's recap video:
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