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Bodnar of MMG: Setting the Stage for a Tapering of Bond Purchases

Fed Chair Jerome Powell set the stage for a tapering of bond purchases as soon as the next Fed Meeting, on November 3rd, according to Bill Bodnar of The Mortgage Market Guide (MMG).

BillBodnar122The knee jerk reaction in bonds has not been good with yields ticking up to the highest level in over 3 months.

Watch the video to find out what this all means to you, your clients, realtors and builders.

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