HousingWire Daily Logan Mohtashami on mortgage rates under a Trump presidency
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Nov 7, 2024 
Logan Mohtashami, Lead Analyst at HousingWire, dives into the implications of the recent election on mortgage rates. He discusses the bond market's role, particularly the 10-year yield, in predicting future trends. The conversation shifts to potential economic policies under a Trump presidency, including impacts on inflation and housing affordability. Mohtashami warns against rushing to conclusions about rate changes and emphasizes the need for coordinated economic strategies amid ongoing market uncertainties.
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Mortgage Rate Predictions
- The 10-year yield's closing above 4.40% signals potential increases in mortgage rates.
- Bond market trends indicate potential rate hikes nearing 8%, though Logan Mohtashami doubts it will reach that high.
2016 Predictions
- In 2016, many conservatives predicted rising mortgage rates due to Trump's presidency.
- Mohtashami revisits his 2016 analysis, reflecting on his younger self.
Tariffs and Inflation
- Trump's trade war tactics and corporate tax cuts didn't cause significant inflation previously.
- The Federal Reserve's response to tariffs could mitigate inflationary pressures.