Logan Mohtashami on purchase apps and lower mortgage rates
HousingWire Daily
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Bond Yields Are Coming Lower, Right?
The Fed has already said, listen, we want the Fed funds rate at 5%. So okay, some people see that it was okay. Well, the 10 year yield has to be at 5%. I don't think that's the most correct way to look at it. But the bond yields, since that CPI report came in lower has gone noticeably lower now. We are almost with a five-handle in mortgage rates. It's not that far from Christmas, right?
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