The Fed’s Latest Policy Meeting, a Wild Ride for Mortgage Rates, and Record Money Market Inflows 03/21/23
Morning Call
00:00
Mortgage Rates and the Fed's Thinking on the Economy
Home prices shot up around 40% in the first two years of the pandemic. Mortgage rates dropped to historic lows and that gave buyers more spending power. Now we have mortgage rates falling again due to investor concern over the banking system. All eyes are on the Fed tomorrow.
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