Watch the short video below to find out what this all means for you, your clients, realtors and builders.
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Prepayments Rebound from All-Time Low: Black Knight Prepayment activity (SMM) inched up to 0.35%, breaking a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, according to Black Knight.
Estimated reading time: 0 minutes, 20 seconds
Bodnar of MMG: Today Was a Good Day
"The Jobs Report was bond friendly," says Bill Bodnar of the Mortgage Market Guide. "The unemployment rate was higher than expected and wages were lower than expected. Yields are falling hard heading into the next big headline risk event, Tuesday's CPI report."
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