Freddie Mac 30-year Rate Rises To 3.14% (Nothing Has Been The Same Since Covid)

#bubble, #inflation, Banking, Existing Home Sales, fannie mae, Fed, Freddie Mac, Greenspan, Housing, Mortgage, Powell, Treasuries, Treasury, Uncategorized, Yellen 1 Minute

Freddie Mac’s 30-year mortgage rate rose today to 3.14%.

Notice how Freddie’s 30-year loan commitment rate tracked the 10-year Treasury yield … until Covid struck. Then there was a separation of the two rates.

Published by confoundedinterest17

Published