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Bodnar of MMG: Why Didn’t Prices Improve More This Week?

Sunday, May 03 2020
Lending
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Bill Bodnar of The Mortgage Market Guide says there were three events last week that should have pushed bond prices even higher, but didn’t. That begs the question: Is this the bottom?

!--more-->Last week, 3.8 million more people signed up for unemployment. Second, inflation declined by 1/10th, and The Fed issued a statement about buying mortgage backed securities.

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