After a rollercoaster week driven by China headlines and jobs report, mortgage rates were on the move. In this week’s Master the Markets, Bill Bodnar dives into how economic data and surprising employment numbers impacted the bond market, and what it means for mortgage-backed securities.
Looking ahead, all eyes are on the Federal Reserve. Could this week’s developments force the Fed to back away from future rate cut possibilities? Bill breaks down what to watch during this critical Fed week and how these decisions could impact the mortgage industry.