Mortgage Market Guide's recap of what happened this week and why.
The Fed injected some uncertainty into the markets by calling out for more fiscal stimulus, meaning Congress has to get something done. This brings new headline risk that everyone in housing and mortgage must follow.
Next week, a whopping $155 billion in Treasuries will come to market that will need to get purchased. The overwhelming Bond supply needed to pay for the stimulus and under-funded government will likely put a limit on how low rates can go.
Find out what this means for you, your borrowers, and your partners in this edition of the MMG Weekly Recap video:
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