Today’s discussion discusses the wild ride in mortgage rates and why I believe we need to see more labor market softness to get much lower rates. That 3.80% level for the ten-year yield would always be a hard nut to crack if labor isn’t getting weaker
Every weekend for HousingWire, we bring out the weekly HousingWire Tracker report, where I take a deep dive into the current and forward-looking housing data lines so you can be up to date with the data lines that matter in housing.
“In three words, I can sum up everything I’ve learned about life: it goes on.” -Robert Frost.
Logan Mohtashami is a Lead Analyst for Housing Wire, a financial writer, and a blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else.