AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Managing a recession, housing market insights & more with Redfin's Glenn Kelman + OK Boomer | E1616
This Week in Startups
Mortgage Rates Aren't Trading With the Consumer Price Index
2min Snip
00:00
Summary
Transcript
Episode notes
The Fed has said prepare for us to take this rate up to five percent, whatever. And we're going to hold it there for now. So a hold is the equivalent of a raise in this analogy they've been saying. Except that the mortgage markets have priced in so much of that. What's really interesting is that mortgage rates don't really trade anymore with what the Fed does. They trade with the Consumer Price Index because people feel like they don't really have a choice at the Fed.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode