Latest / Mortgage Research Network Podcast
Fed Cuts, Rates Rise: Why the Market Snapped Back
The Fed cut rates—and mortgage rates still spiked. Tim Lucas and Craig Berry unpack how a routine announcement turned into a market whiplash, why Powell’s press conference rattled investors, and what borrowers should watch heading into December.In this episode you’ll learn:The twist: A quarter-point cut brought mortgage rates from 6.13% → 6.27%, reversing weeks of progress.What Powell said: December cuts are “far from a sure thing,” ending Treasury QT but continuing MBS runoff—spooking markets.Labor puzzle: The Fed blames shrinking workforce participation and lower immigration, not weak…
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