Understanding the Relationship Between Bond Yields and Rate Cuts

This chapter explains the significance of tracking the relationship between the two-year and ten-year yields for mortgage lenders, highlighting the impact on rate cut scenarios when the two-year yield surpasses 4.74. It explores the influence of market dynamics, bond markets, algorithms, and economic data on rate cuts and mortgage rates, stressing the importance of monitoring spreads for loan officers. The discussion also touches on the unique insights provided by a weekly tracker article on housing inventory, price cuts, and market trends, humorously attributing data discrepancies to the influence of the Easter holiday.