!--more-->The Fed has really pared back its buys recently and it is only buying to stabilize, not necessarily to lower home loan rates. Heading into this week, Bodnar says he is watching 10-year note’s inability to break beneath 60 basis points and the unemployment rate.
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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.
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