Lykken on Lending

"The Weight" Takes Time - TMSpotlight by Les Parker


Listen Later

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

...more
View all episodesView all episodes
Download on the App Store

Lykken on LendingBy David Lykken

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

20 ratings


More shows like Lykken on Lending

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,741 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,399 Listeners

The Art of Manliness by The Art of Manliness

The Art of Manliness

14,303 Listeners

Loan Officer Freedom by Carl White

Loan Officer Freedom

753 Listeners

The Jon Gordon Podcast by Jon Gordon

The Jon Gordon Podcast

1,204 Listeners

Schwab Market Update Audio by Charles Schwab

Schwab Market Update Audio

350 Listeners

Power House by HousingWire

Power House

64 Listeners

Ninja Selling Podcast by Ninja Selling

Ninja Selling Podcast

330 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

27,771 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,268 Listeners

HousingWire Daily by HousingWire

HousingWire Daily

172 Listeners

Chrisman Commentary - Daily Mortgage News by Chrisman LLC

Chrisman Commentary - Daily Mortgage News

29 Listeners

Moody's Talks - Inside Economics by Moody's Analytics

Moody's Talks - Inside Economics

329 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

21,131 Listeners

AI Explored by Michael Stelzner, Social Media Examiner—AI marketing

AI Explored

99 Listeners