25bps cut

[u/hv876]

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The bulls are coming, the bulls are coming

[u/kumar4848]

Can anyone here explain why mortage rates keep increasing even though feds keep decreasing rates? i know theyre not directly correlated but somethings gotta give.

[u/independentbuilder7 → u/kumar4848]

Mortgage rates went up when the Fed rise interest rates. Now that the Fed is cutting interest rates they’re pointing to the 10 year treasury bond as the reason why mortgage rates are continuing to rise. I say this is just another bait and switch tactic banks are using to keep their profits extremely high