THE BASIS POINT

The Fed Cut But Mortgage Rates Rose Today. Here’s Why.

 
The Fed Cut But Mortgage Rates Rose Today Heres Why Featured Image
 
Bond trading lowered mortgage rates 1.375% from April to now. After today's Fed cut, mortgage bonds gave some back, pushing rates up a bit. Strange but true.

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Check It Out:

Yes! Mortgage Rates Really Did Move HIGHER After The Fed Rate Cut

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