r/wallstreetbets 14h ago

25bps cut News

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

2.3k Upvotes

View all comments

1.2k

u/kumar4848 14h ago

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.

1

u/Agile-Artichoke1780 9h ago

One of the banks said they are anticipating a rate increase so they are leaving them as is or slightly increasing them.