Estimated reading time: 0 minutes, 20 seconds

Bodnar of MMG: There is a Limit

Sunday, Apr 26 2020
Lending
Written by 
Media

Media

Bill Bodnar of The Mortgage Market Guide says there’s a limit to how high mortgage backed securities prices can go.

!--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.

Read 2125 times
Rate this item
(0 votes)
More in this category: « Stearns Lending Promotes Steve Smith to President Why California May Be the Best State for Your New Lending Business »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline