The Breakdown cover image

What a More Aggressive Fed Means for the Housing Market

The Breakdown

00:00

Mortgage Back Securities - Are There Other Buyers for These Assets?

The housing market faces both demand side and supply side challenges. Home builder sentiment is currently at a two year low. The physics of collisions, the second one does the harm. When your car hits a telephone pole, no problem. Then, after a slight lag, trouble comes when you hit the inside of your car. Same thing with mortgages. At new year in february, mortgage rates were still threeish in februar. Now it's time for an acme wily eote and his acme sneakers running off into thin air until he looks all ok again. And that means that rates will remain inflated longer than they otherwise would have needed to based on changes in fed

Play episode from 11:08
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app