HomeBusinessHousingFifty And 75 Basis Point Hikes Expected, Mortgage Rates Hit 5.25%
Fifty And 75 Basis Point Hikes Expected, Mortgage Rates Hit 5.25%

It doesn't look like the Fed governors are going to relent in their idea of 50 basis points in May and another 75 between June and July, says Andrew Brenner of Natallliance Securities. I think the Fed will slow down after that, he explains. Andrew discusses the unwind of the Fed's balance sheet. He weighs in on the spike in mortgage rates to 5.25%. He gives real world examples of how mortgage rates affect monthly mortgage payments.

Trading 360

14 Apr 2022

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