Stan hopped on—gym clothes and all—to break down why mortgage rates slipped into the mid-6s and what actually moved them: bond yields, softer jobs data, and those ever-important spreads between the 10-year Treasury and 30-year mortgages. He digs into why averages aren’t your quote, how narrowing spreads could pull rates lower, and the wild cards ahead (potential Fed leadership shifts, talk of rate cuts, and what privatizing Fannie/Freddie might do).
As always, if you have any questions or comments (or, of course, need a realtor), feel free to reach out to Stan McCune directly by phone/text at (973) 479-1267 or by email at
[email protected]