Next we will see Consumer Inflation on a year-over-year basis exceed mortgage rates for the first time in nearly 50 years!!!!
Click below and in 60-seconds find out what this all means to 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, 24 seconds
Bodnar of MMG: Yellen for Higher Rates!!!
Bill Bodnar of The Mortgage Market Guide (MMG) says Treasury Secretary Janet Yellen spooked the financial markets by suggesting rates should go higher. Her off-script but honest remarks were quickly backtracked. Sell in May and Go Away is in full bloom for the NASDAQ.
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