Why Mortgage Rates Are Climbing Despite Fed Rate Cuts: Unraveling the Long-Term Market Forces Shaping Housing Costs
Mortgage rates have continued to rise, despite recent moves by the Federal Reserve to slow inflation by lowering short-term interest rates. The seemingly contradictory trend is largely influenced by longer-term factors, including investor expectations about inflation and economic growth. Mortgage rates are typically tied to the yield on 10-year Treasury bonds, which have surged due…
