Louis (FRED): Frequently asked questions Will mortgage rates go down to 3% again? No, not unless there’s an event such as another global pandemic or economic crisis forcing the Fed to lower rates to 0.00% – 0.25% again. In January 2024, the National Association of REALTOR (NAR)’s ...
Mortgagedemand was flat last week, with application volumepulling back 0.5% over the previous week even as rates dropped, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, fell slightly but hovered near a 22-year high. Refinance applications rose 0.2% for...
The Fed keeps on moving forward, seemingly oblivious to the potential catastrophe they are creating. Clearly, they are aware of trouble in the Mortgage market or else they would be more focused on actually meeting the target they set for themselves. In either case, the Fed has a bloated bala...
http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=158j http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=158l http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=158m http://www.cmegroup.com/trading/interest-rates/stir/30-day-federal-fund.html The 1-year ...
We expect Fed officials to continue to deliver hefty cuts over the next two years and bring the federal-funds rate to 2.00% to 2.25% by year-end 2026. Longer-term interest rates, including the 30-year mortgage rate, are due to fall as well. ...
— Fred Imbert Tue, Sep 20 202211:31 AM EDT Recession fears will rise the longer inflation stays elevated, Goldman’s Wilson says Rising fears of a looming recession are already contributing to the ongoing volatility in equity markets and investors should brace for more potential turmoil ahead, ...
https://fred.stlouisfed.org/graph/?g=uM9Y Much steeper relative collapse, and then a 12 month recovery to what would become the new median value for the series, no return to the precollapse range.This time we have a less horrible plunge, and then within 3.5 months we’re back to th...
“So, the Fed changed their mind, panicked, the Fed panicked. They not only stopped raising rates, they now cut rates twice, and they are going to cut rates again at the end of this month. They are also fully back in a massive QE. They have a $130 billion revolving repo facility...
Source: FRED. The Fed’s Monetary Stance Is Too Lax With prospects of stagflation materializing, the Fed’s current scenario of monetary tightening is obviously too dovish. History shows that the US Great Inflation of the 1970s could only be ended byhiking interest rates into real positive terr...
Labor participation rates are rising. Except they aren’t. https://fred.stlouisfed.org/series/CIVPART Patrick Sullivan 8. July 2017 at 06:21 ‘The mistake is that savings flowing through the non-banks increases the supply of loan-funds (but not the supply of money).’ ...