The risk is that if the Fed cuts too quickly, it could reignite inflation, as one Fed policymaker said recently. So given this current period of uncertainty, “it wouldn’t be surprising to see mortgage rates continuing to increase between now and Election Day,” Dedhia sai...
The subprime market is heavily regulated as people with questionable credit are often taken advantage of and exploited. This is because they are willing to pay higher interest rates out of desperation. Answer and Explanation: Investors (clients) ...
And the 10-year has been trending upwards, bringing mortgage rates up in tandem. Why are mortgage rates rising? Why is the market feeling pessimistic about the odds of a Fed rate cut? Rates are moving up due to jitters over the upcoming presidential election and the natu...