Mortgage Rates

Mortgage rates top 7% to reach a 21-year high

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When will spread tighten?

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It’ll tighten when people think the Fed is done raising rates. The mortgage rates have the expected future hikes priced into them.



IMHO priced in terminal rate of 5%. Some think terminal rate is 4.5%. Ofc, is not exactly in sync, and is subjected to demand and supply.

If terminal rate is 5%, max mortgage rate should be 8%

Dow and S&P 500 updates: Stocks struggle after the Fed eases up on rate hikes (

Historically, 30-year fixed mortgage rate is ~+1.5% higher than Fed terminal rate.

The 30-year fixed-rate mortgage averaged 6.42% in the week ending March 23, down from 6.60% the week before, according to data from Freddie Mac released Thursday.

So lenders think Fed has paused rate hikes.

…Bob Broeksmit, president and CEO of the Mortgage Bankers Association… said MBA is forecasting a gradual decline, with the 30-year fixed rate falling to around 5.3% by the end of the year.

So he is expecting Fed to cut rate in Q4.

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Um, there’s a reason different risk profiles have different interest rates. Trying to even that out is going to lead to bad results. That’s literally what created the sub prime crisis.

This is just another instance of where we need less government. They are constantly distorting markets in the name of their woke agenda.


It’s good to see mortgage rates ticking down, offering a small reprieve to potential homebuyers. But 7.76% is still quite challenging for many buyers.

im interested, I would just like some extra help with publishing in zillow and redfin,

Spring market could be hot.