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> The good news is rates are slowly heading down Interest rates or the inflation rate? Interest rates haven't started heading down yet, whilst inflation rates
by BLKNSLVR 3y ago
> The good news is rates are slowly heading down
Interest rates or the inflation rate?
Interest rates haven't started heading down yet, whilst inflation rates are easing, they're still higher than desired.
https://www.forbes.com/advisor/investing/fomc-meeting-federal-reserve/ https://www.forbes.com/advisor/investing/fomc-meeting-federa...
- steveBK123 3y agoMortgage rates are down from peak https://fred.stlouisfed.org/series/MORTGAGE30US https://fred.stlouisfed.org/series/MORTGAGE30US Which is what people buy based on
- BLKNSLVR 3y agoThat's very interesting. Mortgage rates dropped without a corresponding drop of the fed rate. In Australia the big lenders are in lock step with the reserve bank on rate increases, and lag behind on rate decreases.
- steveBK123 3y agoInflation is coming down, Fed is signaling they would cut without a recession in order to hold "real rates" as inflation drops, etc. Mostly a discussion as how many Fed cuts we see in 2024 now, not whether they will.
- caeril 3y agoMortgage rates are tied far more closely to 10y TSY yields than the FFR, and the 10y yield is predicting FFR rate decreases in the future.