Last week, the Fed delivered the “gift” everyone saw coming—a rate cut and projections for 2025. No surprises there. While their unemployment outlook seemed cheery, the Core PCE, their inflation gauge, came in lower than expected, sparking hope for better mortgage rates in the new year.
Join Bill Bodnar as he unwraps the latest market trends, shares insights on the 10-year Treasury, and breaks down what it all means for mortgage rates heading into 2024.