Estimated reading time: 0 minutes, 24 seconds

Bodnar of MMG: Why Bond Pricing Worsened

Friday, Feb 12 2021
Lending
Written by 

Bill Bodnar of The Mortgage Market Guide explains that rates ticked up a bit and MBS saw price declines despite Fed bond buying. On Wednesday, the Fed purchased $9 Billion in bonds and pricing worsened... why? $20 Billion was offered for sale.

Follow prices resting on the 200-day Moving Average. If MBS prices fall beneath this floor, it would be bad for loan pricing. Learn what is happening right now by watching the video below and then educate your clients, prospects and partners.

Read 2179 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Bodnar of MMG: Rates Move Higher, But We May Have Found a Bottom »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline