The knee jerk reaction in bonds has not been good with yields ticking up to the highest level in over 3 months.
Watch the video to 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, 21 seconds
Bodnar of MMG: Setting the Stage for a Tapering of Bond Purchases
Fed Chair Jerome Powell set the stage for a tapering of bond purchases as soon as the next Fed Meeting, on November 3rd, according to Bill Bodnar of The Mortgage Market Guide (MMG).
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