General World News

Is the spring housing market ready for the Fed’s déjà vu?

It’s spring 2024 and we have a Federal Reserve meeting this week. The 10-year yield is at the same critical point as last year before the Fed went hawkish and sent mortgage rates to 8% and the 10-year yield to 5%. Could this happen again? This is the week the balls are all in the Federal Reserve’s court. I believe it is in the Fed’s interest to keep existing home sales depressed. Here is the interview I gave on CNBC on the day the Fed went hawkish, explaining why.

A serious 10-year yield and mortgage rate details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com