Today, in the Calculated Risk Real Estate Newsletter: Lawler: Changes in Various Interest Rates Since the FOMC Cut Its Target Fed Funds Rate by 50 Basis Points
A brief excerpt:
From housing economist Tom Lawler:
Below is a table showing changes in various interest rates from the day before the FOMC’s 50 basis point cut in its Fed Funds rate target and last Friday.
CR Notes: After the Fed rate cut, the longer-term rates increased (including mortgage rates). The yield curve has reverted …
