Mortgage Market Update March 9-13

March 9

The stock market is breaking down right now. It was halted for 15 minutes this morning if may close for the remainder of the day if stocks fall by 20%.

There are expectations that we will see even more effects of the coronavirus on the state of the economy over the next several months.

Saudi Arabia and Russia have begun oil-price wars.

We will see numbers for the 10-year treasury auction this Wednesday.