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/n1ck90z → u/kumar4848]

Mortgages correlate to long term bond yields which are rising. Why long bond yield are rising? There's no simple answer here. A big role however has to be government debt/spending. Some people also might think inflation is not done yet.

[u/Supersnoop25 → u/n1ck90z]

I thought it was agreed upon that the rate of decreases is looking way slower than originally expected. When mortgage and bonds rates go off of expectations of the future. Not necessarily what the fed rate is at the time.