@SeattleRainM to Housing Bubble 2: Return of the Ugly English • 7 hours agoWeekly mortgage demand tanks 17%, after interest rates hit the highest level since Augustwww.cnbc.comexternal-linkmessage-square3arrow-up14arrow-down10cross-posted to: economy
arrow-up14arrow-down1external-linkWeekly mortgage demand tanks 17%, after interest rates hit the highest level since Augustwww.cnbc.com@SeattleRainM to Housing Bubble 2: Return of the Ugly English • 7 hours agomessage-square3cross-posted to: economy
minus-squareDr. WeskerlinkfedilinkEnglish2•7 hours agoI thought rates were falling for a second there, due to feds cutting rates? Or maybe I missed something?
minus-square@SeattleRainOPMlinkEnglish3•7 hours agoMortgage rates follow the 10 year treasury not the Fed prime rate.
I thought rates were falling for a second there, due to feds cutting rates? Or maybe I missed something?
Mortgage rates follow the 10 year treasury not the Fed prime rate.
Oh I see. Thanks.