Friday, May 03, 2024 7:02:47 PM
$FNMA $FMCC thoughts. Something is going to happen because of the new politics around mortgage rates. Mortgage rates bottomed out in August 2021 with the 30 yr mortgage at a bit under 3%. Low rates surged real estate prices and home buying.
— 🇺🇸Paul Mampilly (@MampillyGuru) May 3, 2024
Rates are now at 7.5% & the market… pic.twitter.com/4ABw7p0aFB
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