206: Mortgage rates are volatile again, thanks to the Fed.
MP3•Thuis aflevering
Manage episode 418273333 series 3574217
Inhoud geleverd door Stan McCune. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Stan McCune of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
The last week was a wild one for treasuries and mortgage rates, with a lot of economic data released, a FOMC statement sent out, multiple statements from Federal Reserve members, and a 60 Minutes interview of Fed Chair Jerome Powell. The end result was that mortgage rates briefly went over 7%, and (as of this recording) are hovering at 6.99%, despite having been 6.6% just a few days ago. How did this happen, and what does it mean? Let's discuss a little oral history of the past week and why all the data and statements that were released sent rates soaring.
As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.
As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (864) 735-7580 or by email at smccune@cdanjoyner.com.
240 afleveringen