Bill Bodnar of The Mortgage Market Guide (MMG) says that rates moved higher this week, but we might have found a bottom.
“We have numbers for you, your clients and partners to follow,” Bodnar says. “Rising lumber prices are hitting New Home Builders. Was today’s weak Housing Starts a sign of things to come?”
Watch the short video to see what it means for you.
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Source: themortgageleader.com