"Come Thursday, it appeared the bond market sobered to the notion that higher inflation may indeed be temporary," he notes. "This is what we as mortgage experts have to track in the future--will inflation cool down in months ahead?"
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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