ilmscore | Prediction Details
"The 30-year mortgage rate fell a little bit below 6% in September. But then after the Federal Reserve Bank cut interest rates and said that maybe they won't be as aggressive with their interest rate cuts, we saw the 10-year yield begin to rise."
By Minority Mindset | November 1, 2024 | Pending
From video
Why Hot Inflation and Mixed Job Data Are Worrying The Fed 00:07:30 - 00:07:42
Interpreted Prediction
30-year mortgage rates dropped below 6% in September, but subsequently rose as the Federal Reserve indicated a less aggressive approach to interest rate cuts, leading to an increase in the 10-year yield.

Prediction Details

Topic
Mortgage Rates

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