HOW THE FEDERAL RESERVE'S RATE POLICY AFFECTS MORTGAGES
https://image.cnbcfm.com/api/v1/image/107187605-16752831252023-02-01t202005z_400052639_rc2j2z97q4uv_rtrmadp_0_usa-fed.jpeg?v=1675340221&w=1920&h=1080
✍️ The Federal Reserve has lowered its interest rate target three times in 2024, but mortgage rates may not fall as expected due to other market factors.
👉 The Federal Reserve has lowered its interest rate target three times in 2024 👉 Mortgage rates may not fall as expected due to other market factors 👉 The 10-year Treasury note yield has been increasing in recent months 👉 The Fed's management of its mortgage-backed securities portfolio may contribute to today's mortgage rates
-- #JordanJackson #MatthewGraham #GeorgeCalhoun #business
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