Mortgage Rates Are Flirting with 7%! 🏡📊 What's Driving the Surge?

25/10/2024 20 min
Mortgage Rates Are Flirting with 7%! 🏡📊 What's Driving the Surge?

Listen "Mortgage Rates Are Flirting with 7%! 🏡📊 What's Driving the Surge?"

Episode Synopsis

Mortgage rates are on a rollercoaster 🎢, with the 30-year fixed nearing 7%! In this episode of Mortgage, Markets, and More, Peter Dangelo breaks down the latest mortgage trends, interest rates, and bond market dynamics driving the current lending environment. 📈 We dive deep into treasury yields, job market data, and retail sales to explain the ups and downs of rates, plus how the Fed’s mixed signals are keeping everyone on their toes. 🤔💸Also, are people choosing to rent by lifestyle rather than necessity? 🏠 We explore the new mindset of renting for flexibility versus the long-term financial benefits of homeownership. Whether you're a buyer or renter, you'll learn how risk-based pricing impacts your mortgage rate. 💡 Tune in to stay ahead of the market curve and make informed financial decisions!#MortgageRates #InterestRates #HomeBuying #RentVsOwn #BondMarket #EconomicTrends #MortgageNewsWatch this episode on Youtube!Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!Interested in your Refinance options? Submit your Refinance inquiry here!Follow me on: Facebook Instagram LinkedIn YouTube Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS [email protected]*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.

More episodes of the podcast The Pulse and Perspective