Tag Archive for: long-term rates

Rates Are Going Up In September

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Yes, rates are expected to trend downward, and yes, the economy is finally showing clear recessionary signals (see the labor market), and yes, the stock market could likely correct again, but, rates never move in a straight line,Read More

The “Fed” Does NOT Control Mortgage Rates

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The Fed controls the short-term “Fed Funds Rate,” or the overnight rate that banks charge each other. The Fed does NOT control long-term rates like the 10 Year Treasury or 30-year mortgage rates. The Fed can influence long-term rates with its comments and by raising the Fed Funds rate, but it does not have the final say.Read More