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Mortgage Rates Hit 6% — Is the Housing Market About to Explode?
Mike Armstrong and Marc Fandetti react to a hotter-than-expected Producer Price Index report that extended the market selloff and pushed investors to reassess the path of inflation and interest rates. With the 10-year Treasury dipping below 4% and mortgage rates nearing 6%, they debate whether falling rates can revive housing — or if broader growth concerns are the bigger story.
The hour also features CNBC’s Michael Santoli on the AI-driven market rotation and what could reignite momentum in big tech, plus analysis of Paramount’s blockbuster acquisition of Warner Bros. Discovery, Berkshire…
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