Bill Bodnar from Mortgage Market Guide discusses the catalysts driving the mortgage market.
This week the biggest news was the decline, 1.2 percent, in retail sales for December, and a significant decline, 3.9 percent in internet sales. Equity and bond markets were “spooked by the numbers,” yet the result could bode well for originators and borrowers.
To find out why, please watch Bill Bodnar’s latest video.