Surveillance: Recession Risk with Berro (Podcast)
Bloomberg Surveillance
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Mortgage Rats Are Up 300 Basis Points - Is That a Good Thing?
Kelsea barryl joins us now with j p morgan, is well link in the j pmorgan world of bonds, yield, price dynamics into real estate. Kelsea: It's far more than the economic finance, investment, the stock market that we do. It's about housing. If you look at the fed funds rate its, it's risen a hundred and 50 basis points. But the 30, or fixed mortgage rate has risen by double that,. 300 basis points, all the way to six %.
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