The New York Times :press: on Nostr: If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising? The latest rise, to 6.79% ...

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts. #press

https://www.nytimes.com/2024/11/07/business/fed-mortgage-rates.html?utm_source=press.coop