
Sign up to save your podcasts
Or


08-26-24 "The Weight" Takes Time
--------------------------
Take a load to Fannie. Take a lock for free. Ship The Weight to Ginnie.
Our target of a sub-6% mortgage is 50 bps away. Softening Jobs and receding inflation expectations give credence to the FOMC minutes and Powell's speech, signaling a September ease. Market exuberance has built 100 bps of easing by New Year's Eve.
Oxford Economics expects the 2-year/10-year yield curve slope to shift entirely into positive territory by the first quarter. The stubborn inversion means lower mortgage rates will take time.
And (close) (close) loans borrowers right with glee.
--------------------------
Song: The Weight (1968)
https://www.youtube.com/watch?v=FFqb1I-hiHE
By David Lykken4.8
2020 ratings
08-26-24 "The Weight" Takes Time
--------------------------
Take a load to Fannie. Take a lock for free. Ship The Weight to Ginnie.
Our target of a sub-6% mortgage is 50 bps away. Softening Jobs and receding inflation expectations give credence to the FOMC minutes and Powell's speech, signaling a September ease. Market exuberance has built 100 bps of easing by New Year's Eve.
Oxford Economics expects the 2-year/10-year yield curve slope to shift entirely into positive territory by the first quarter. The stubborn inversion means lower mortgage rates will take time.
And (close) (close) loans borrowers right with glee.
--------------------------
Song: The Weight (1968)
https://www.youtube.com/watch?v=FFqb1I-hiHE

16,702 Listeners

4,345 Listeners

14,277 Listeners

750 Listeners

1,210 Listeners

354 Listeners

64 Listeners

324 Listeners

27,775 Listeners

10,182 Listeners

165 Listeners

30 Listeners

324 Listeners

19,524 Listeners

94 Listeners