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Will Omicron variant stop first Fed rate hike?

HW+ mortgage rate question

Life comes at you fast. During this Thanksgiving week, we went from higher yields and the first Fed rate hike storyline to a big drop in bond yields and scary headlines on a new COVID variant, Omicron. How do we make sense of all this? In this type of economic environment is it even possible for mortgage rates to get to 4% and can the Federal Reserve really hike rates in an aggressive fashion?

Let’s take a look at all these topics together.

Federal Reserve first rate hike?

Those who follow me on social know of my take on the details ⇒

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