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⚡️Where are mortgage rates headed!?! ✨

Ken McElroy Show

00:00

Are You Gays Thinking That's Not Going to Happen?

Mortgage rates are not going to jump another point seven five % in July. We might tick up to the mid, mid sixes here if they're going to pop. The weird thing right now is we're in an inverted guild curve. And all that really means is the short term debt is more expensive than long term debt. That's really weird in terms of mortgages. So like, five one arms are more expensive than 30 or fixed. Not supposed to be how it works, but that's part of the shock that we're experiencing.

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