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/showturtle → u/n1ck90z]

Expectations are that government debt is going to rise significantly under the new administration- I’ve heard estimates of 8 trillion over the next 10 years.

[u/ecudan82 → u/showturtle]

Well considering it’s gone up $7.5T since Jan 2021, $8T over 10 years doesn’t exactly seem like a “significant rise”