Creating Wealth for my Family and Friends
Travis' Mortgage and Financial Market Update for Aug 5th
Reporting on the 3-day decline in mortgage bond pricing causing a jump in rates from last week. Watch the video for the reasons for the jump but it simply comes down to anytime there is positive news for the economy, bonds will suffer. With good pending home sales, lower number of jobs being lost and positive economic news if other global economies, mortgage bonds have been taking a lashing.
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