Mortgage Rate Insights
The discussion reveals the relationship between mortgage rates and 30-year treasury bonds, highlighting an average spread of 1.7% since 1990, with fluctuations observed over time. It’s clarified that banks do not control the rates themselves; instead, they adjust closing costs based on the rate chosen. The complexities of the mortgage process are acknowledged, with a suggestion for blockchain to streamline transactions.In this clip
From this podcast
Animal Spirits Podcast
The Emergency Rate Cut (EP.128)
Related Questions