HousingWire Daily Logan Mohtashami on mortgage rate whiplash
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Feb 17, 2025 
Logan Mohtashami, Lead Analyst, offers keen insights into the tumultuous shifts in mortgage rates and their implications for the housing market. He breaks down the recent fluctuations driven by economic factors like CPI and PPI, shedding light on how these influence investment decisions. The conversation also touches on potential HUD workforce cuts, the effects of labor market trends on homeownership, and the significance of mortgage rates hitting below 6% for boosting sales and refinancing. Tune in for a deep dive into the data behind the chaos!
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Mortgage Rate Whiplash
- Mortgage rates experienced a whiplash week, influenced by CPI and PPI data, and retail sales.
- These market fluctuations create challenges for mortgage businesses and client advising.
Market Signals and Dollar Impact
- Wild swings in mortgage rates often signal market tops or bottoms.
- A weaker dollar could contribute to lower rates, making it a key factor to watch.
Focus on Jobless Claims and Economic Data
- Monitor jobless claims, as they may reflect economic weakness and influence bond yields.
- Economic data like retail sales has a significant impact on market movements.