Lykken on Lending

"When You're Smiling" Mortgages Rates Could Fall 25 bps - Macro Market Update by Les Parker


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02-24-2025 "When You're Smiling" Mortgages Rates Could Fall 25 bps

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When you’re smiling. With rates smiling. The loan app comes to you.


With the Fed on the sideline and economic news trending towards weakness, Bonds smile while the short end frowns. Despite the Treasury coupon curve containing bulls and bears, time is on the bulls' side.


Global inflation indicators are mixed but expect financial markets to focus on deflation flowing from China and Europe clinging to disinflation. Also, the weakness in the Dollar and Oil support mortgage rates falling 25 bps soon.


'Cause with rates falling, The whole world smiles with you.


These views are mine. Keep smiling at TMSpotlight.com.

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Song: When You're Smiling (1928)

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Lykken on LendingBy David Lykken

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