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MMG Weekly Recap 7/2/20

by Bill Bodnar, on July 2, 2020 at 11:20 AM

Mortgage Market Guide's recap of what happened this week and why.
The U.S. economy continues to produce jobs. The June Jobs Report blew away expectations and was solid across the board. Technically, Stocks made a nice bounce off of the 200-day moving average and yields also backed away from their best levels.
 
Next week is thin on economic reports. It's all about the tug of war between rising cases versus the many positive stories, including never ending stimulus.
 
Find out more in this week's recap video: 
 
MMG Weekly Recap 02JUL20

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Be safe and have a great 4th of July weekend!
Topics:Market analysisMortgage Market GuideMMGmortgageMortgage TechnologyJobs ReportMMG Weekly RecapStocksMarket IntelligenceMortgage Ratescoronavirus

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