10/10/2024
https://realtytimes.com/headlines/item/1050411-calm-before-the-storm?rtmpage=
Yes, the FED cut the overnight lending rate by fifty basis points and mortgage rates went higher! Yes, the markets moved higher on the 30-day rates, but have you looked at 45- and 60-day pricing? Pricing on longer term locks is signaling that the markets are betting on the rate market going lower so...