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The Crypto Blow-Up (EP.283)
Animal Spirits Podcast
The Fed Shouldn't Be Massaging the Mortgage Rate Market
It's not healthy for the mortgage rate to go from 7.3 percent to 6.7 percent in a day because what if you were a person who locked in at 7.3 the day before? The Fed should just set some sort of guideposts and be like if rates get above six We're going to buy more mortgage bonds if rates get to five. They should be massaging this market now, they shouldn't be allowing it to Go all over the place Like it is that that's not helpful for people Bill McBride tweeted new home cancellations increased sharply Significance shift in marketing conditions. Lance Lambert tweeted an update today Among the country's 400 biggest housing markets 219 have seen
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