AgentIndustry News

Fed’s rate hikes may burst real estate bubble

Treasury yield inversion worries economists
Published on Feb 10, 2006

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by CareyBot

Mortgage rates have improved ever so slightly, to 6.25 percent with the lowest fees, but not because of any change in the economy, just the conclusion of a weeklong borrowing binge by the Treasury.

I think that mortgage-rate risk is still tilted upward, unless and until news of a significant economic slowdown, especially in the labor market ...

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