"Fed Chair Powell actually helped lower long-term rates with his words on Thursday," Bodnar says.
Hear why by watching the short video below. 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, 25 seconds
Bodnar of MMG: Safe-haven Trading Into U.S. Debt
Interest rates moved lower as the Ukraine/Russian war drives a safe-haven trade into the US debt market, says Bill Bodnar of the Mortgage Market Guide (MMG).
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