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AmenCorner_AntiPanican
2025 Sep 18, 11:53am
AmenCorner_AntiPanican
2025 Sep 18, 11:53am
The mortgage rate ticked back up to 6.22% after Monday's rate cut knocked it down a peg to 6.13%
https://www.azcentral.com/story/money/real-estate/2025/09/18/will-mortgage-interest-rates-drop-after-federal-reserve-rate-cut/86208818007/?gnt-cfr=1&gca-cat=p&gca-uir=true&gca-epti=z11xx35p118950c118950e009300v11xx35b0060xxd006065&gca-ft=168&gca-ds=sophi
"OMG 6% is too high". It's freakin' normal. 3-4% is the freak
https://www.azcentral.com/story/money/real-estate/2025/09/18/will-mortgage-interest-rates-drop-after-federal-reserve-rate-cut/86208818007/?gnt-cfr=1&gca-cat=p&gca-uir=true&gca-epti=z11xx35p118950c118950e009300v11xx35b0060xxd006065&gca-ft=168&gca-ds=sophi
"OMG 6% is too high". It's freakin' normal. 3-4% is the freak
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"Historically, the US central bank has avoided surprising markets – say, by going 75bp when it is not priced in," Barclays economists led by Jonathan Millar said in a note to clients published Friday.
"But next week, we feel, is likely to be an exception."
https://finance.yahoo.com/news/inflation-puts-pressure-on-powell-what-to-know-this-week-162615319.html