In the podcast, we discuss the changes in mortgage rates following the Federal Reserve meeting. It turns out that mortgage spreads had improved significantly before the meeting, but then they gave up some of those gains afterwards. This fluctuation caused mortgage rates to shift dramatically for two days before stabilizing on Friday.
“The key is to keep company only with people who uplift you, whose presence calls forth your best.”
Epictetus
Logan Mohtashami is a Lead Analyst for Housing Wire, covering the U.S. economy with a specialization in the housing market.