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Don't Cross Our President

I’ll bet you a dime against a donut hole if the prime is rising mortgage rates ain’t dropping.
Thought the discussion was about lowering rates....If you now want to talk about raising rates, we can get into that.
Lets got back to the last .25 rate cut....home mortgage rates we around 6.5%....the cut went into effect, home mortgage rates increased....why?? because of the 10 year treasury bond market....that's where the main ratio of the mortgage rates come from.....not the fed rate....Now, as you say, the fed increases it's rate, the treasury bond rate may increase, which would then, lower mortgage rates....however that does not have to happen, as illustrated in the last rate cut. It is more likely to happen when increasing fed rates occur......just because that's our market.....most things JUMP up in costs, while the fall down is ALWAYS much slower.....mortgage rates are more tied to the 10 year bond rate, than the fed rate....you can google it....I'm not typing anything you cannot read for yourself...PLEASE do not believe me.....I'm not a mortgage lender, I'm a real estate appraiser.....BUT I do understand mortgage rates, somewhat, at least.
 
"Mortgage rates are directly tied to Treasury yields since they are calculated by adding a spread to 10-year Treasury notes, Freddie Mac said. When Treasury yields slide, mortgage rates follow suit"
this is from an article I read this morning, in EPOCH TIMES, written by Rob Sabo....says it much better than I did....
 
Don’t cross our president? LoL he’s not a savior

Gas still high
Inflation still rampant
Job reports showing losses instead of gains

While he maybe better then Biden,he’s only got a few more years to fulfill his promises before the next term Demoncrat yanks it all away
Just imagine how much better off we would be with Kamala—-you would be trans, by now
 
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Just imagine how much better off we would be with Kamala—-you would be trans, by now

That white boy got him a taste for dat 🤗 sweet -sweet poo-na-nee…. Yes surrrrr ..ufff in my dreams she has a hairy kew-CHEE…. She is very pretty 😈 just imagine playing doggy bumper cars with her and catching a wifff of that hawt Thang…. Spread👐 them cheeks and spit in that 🫶….. WOOOOOO…. JD CANT DO TO DAT THANG LIKE I CAN 👀
 
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