Bill Bodnar of The Mortgage Market Guide discusses why bonds are unable to break above current resistance levels even in the face of highly uncertain events, such as the coronavirus outbreak. He notes there is some chatter about rates going even lower, but in his view, there is also a chance they could go higher. This is something mortgage industry professionals need to be mindful of as they watch their pipelines.
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Rising Mortgage Rates and Their Impact on the Housing Market
Explore the effects of rising mortgage rates on the housing market, with insights into buyer behavior and real estate trends amidst economic shifts.
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