As the Fed continues to raise interest rates, the mortgage market continues to run into problems.
And after Friday’s latest disastrous inflation report, Zero Hedge is reporting that the mortgage-backed securities market went ‘no-bid,’ similar to what we witnessed in 2008 when the whole sector was melting down.
To find out more about what happened, click to watch this brief update now!
https://www.youtube.com/watch?v=sfK3QWjfGWY