'Homes Are Still Overpriced, Unaffordable' As Fed-Cut Sparks Mortgage-Rate Melt-Up
‘Homes Are Still Overpriced, Unaffordable’ As Fed-Cut Sparks Mortgage-Rate Melt-Up This wasn’t supposed to happen… Treasury yields have taken off rather dramatically since The Fed slashed rates by 50bps in mid-September… A few more cuts by the Fed and the average mortgage rate will hit an all time high. pic.twitter.com/3Jllcwnayj — zerohedge (@zerohedge) October 30, […]
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