Description: Lenders use several bits of data to set mortgage rates, including trading moves by investors. Without market volatility, the rate could be under 7 percent.
Source: NYTimes.com
Date: Nov 03, 2022
Link: https://www.nytimes.com/2022/11/03/business/mortgage-rates-fed-wall-street.html
Questions for discussion:
- Explain the calculus of mortgage rates.
- Why do you suppose the Fed is not participating in the market as it once did?
- Where do you see this market headed over the next year?
- What should investors do during that time period?
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