Logan Mohtashami on the big drop in mortgage rates

Logan Mohtashami, a lead analyst specializing in mortgage trends, discusses the significant drop in mortgage rates tied to a recent job report. He critiques the Federal Reserve's slow response to shifting employment data and its impact on economic stability. The conversation delves into rising jobless claims and how they could influence future Fed policies, especially regarding interest rates. Mohtashami also highlights the critical role of low mortgage rates in revitalizing the housing market, urging professionals to strategize for upcoming market changes.