by Bill Bodnar, on July 31, 2020 at 10:14 AM
Mortgage Market Guide's recap of what happened this week and why.
We talk about the good, the bad, and the ugly this week while home loan rates hit all-time lows and the 10-year Note yield starts to separate itself from .60%. The Fed eluded that COVID-19 will determine the pace of the economic recovery. The Fed remains highly supportive and may likely do more Bond buying if required.
Next week brings important data from the labor market with ADP and the Jobs Report.
Find out what this means for you in the MMG Weekly Recap video:
MMG members receive an "insider" version of this video that includes pipeline management strategies and lock/float recommendations delivered straight to their inbox every week.
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