The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts. Real Estate and Housing (Residential), Mortgages, Interest Rates, Federal Reserve System, Federal Home Loan Mortgage Corp (Freddie Mac), Trump, Donald J Read More
If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?
