Mortgage rates have gone wild, so what’s next for housing?
Rates near 7.5% plus volatility delivered a clear hit to weekly demand
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Rates near 7.5% plus volatility delivered a clear hit to weekly demand
The 10-year yield climbed to a level not seen since 2006 after hot PMI data and more hawkish Fed messaging
Inflation, Fed guidance and spreads all play a role with higher rates, Logan Mohtashami says
Mortgage spreads, the Iran conflict and the economy are key
Key factors for mortgage rates will be the Iran conflict and trade war, not just the economy
Fed raises benchmark rate to 3.75% to 4% range in response to high inflation and solid employment
Mortgage spreads continue to soften the blow amid Iran conflict
Last week’s data was really impacted by comparisons to Labor Day weekend in 2025
President urged the Federal Reserve to cut rates after August payrolls rose by 162K and unemployment held at 4.1%
Rates are already at yearly highs and 3 key factors are in play this week