Stocks have gotten clobbered, the 2-Yr Note hit 15-year highs and MBS are poised to test 2022 price lows.
Watch the video below to find out what this all means for you, your clients, realtors and builders.
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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.
Estimated reading time: 0 minutes, 24 seconds
Bodnar of MMG: Pain Predicted, Pain Underway
On Friday August 26th, Fed Chair Jerome Powell said there would be "PAIN." And pain there has been, says Bill Bodnar of the Mortgage Market Guide (MMG).
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