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Bodnar of MMG: It’s All About Oversupply

Saturday, May 09 2020
Lending
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Media

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Bill Bodnar of The Mortgage Market Guide discusses the Treasury's announcement that it is going to need at least $3 trillion through the end of the third quarter to help pay for the economic stimulus.

Bodnar also notes that he will be sharing with clients that the both the Dow and the 10-year note are stuck. At the same time, he'll be watching the cautious optimism in the markets. What happens in the next two weeks is critical, he says.

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