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Mortgage Market Blog / Unemployment

by Bill Bodnar, on September 4, 2020 at 11:21 AM

Mortgage Market Guide's recap of what happened this week and why. The August Jobs Report shows progress is being made. The Unemployment Rate ticking down to 8.4% and Hourly Earnings …

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Topics:Market analysisMortgage Market GuideMMGmortgageMMG Weekly RecapStocksMarket IntelligenceMortgage RatesEconomyUnemploymentcoronavirus

by Bill Bodnar, on August 27, 2020 at 12:48 PM

Mortgage Market Guide's recap of what happened this week and why. The Fed announced a major policy shift as it relates to their dual mandate of promoting maximum employment and …

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Topics:Market analysisMortgage Market GuideMMGmortgageMortgage TechnologyRetail LendingJobs ReportMMG Weekly RecapMarket IntelligenceMortgage RatesUnemploymentcoronavirus

by Bill Bodnar, on June 5, 2020 at 1:45 PM

Mortgage Market Guide's recap of what happened this week and why. What a week. On Friday, the Jobs Report was supposed to report the worst numbers in American history. Instead, …

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Topics:Mortgage Market GuideJobs ReportMMG Weekly RecapMarket IntelligenceMortgage RatesEconomyUnemploymentFedcoronavirus

by Bill Bodnar, on May 28, 2020 at 4:59 PM

Mortgage Market Guide's recap of what happened this week and why. This week, per Freddie Mac, mortgage rates hit an all-time low. But there were some other good-news items within …

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Topics:Market analysisMortgage Market GuideMMGMortgage TechnologyMMG Weekly RecapMarket IntelligenceMortgage RatesUnemploymentcoronavirus

by Bill Bodnar, on May 22, 2020 at 11:29 AM

Mortgage Market Guide's recap of what happened this week and why. Mortgage Bonds and Treasury prices were able to recover from the midweek selloff. MBS found support at the 50-day …

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Topics:Market analysisMortgage Market GuideMMGMortgage TechnologyMMG Weekly RecapMarket IntelligenceMBSEconomyUnemploymentcoronavirus

by Bill Bodnar, on May 7, 2020 at 4:01 PM

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 …

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Topics:Market analysisMortgage Market GuidemortgageMortgage TechnologyJobs ReportMMG Weekly RecapMarket IntelligenceUnemploymentcoronavirus

by Bill Bodnar, on April 30, 2020 at 5:04 PM

Mortgage Market Guide's recap of what happened this week and why. Home loan rates hit an all-time low this week according to Freddie Mac. Have we hit the bottom? This …

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Topics:Market analysisMortgage Market GuideMMGMortgage TechnologyMMG Weekly RecapStocksMortgage RatesUnemploymentcoronavirus

by Bill Bodnar, on April 23, 2020 at 3:06 PM

Mortgage Market Guide's recap of what happened this week and why. The MBS market has stabilized and the Fed has done a wonderful job of "threading a needle," buying enough …

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Topics:Market analysisMortgage Market GuideMortgage TechnologyMMG Weekly RecapMarket IntelligenceMBSUnemploymentFedcoronavirus

by Bill Bodnar, on April 17, 2020 at 11:24 AM

Mortgage Bond pricing moved sideways as the Fed pared back it's MBS buying. The administration's suggested plan to reopen American business was seen as a positive to start the day …

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Topics:Market analysisMortgage Market GuideMortgage TechnologyMMG Weekly RecapMarket IntelligenceMortgage RatesEconomyUnemploymentcoronavirus

by Bill Bodnar, on March 6, 2020 at 1:29 PM

Mortgage Market Guide's recap of what happened this week and why. This week we discuss the ultra-safe haven trade into the Treasury market. Mortgage Bonds have not participated in the …

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Topics:Market analysisMortgage Market GuideTop ProducerMortgage TechnologyHousing MarketJobs ReportMMG Weekly RecapMortgage RatesEconomyUnemploymentFedcoronavirus