Powell speaks and mortgage rates pay the price

2 years ago
1

Jerome Powell doesn't have to say much to put markets on edge, but "inflation is MUCH too high" was a real dousey. The market didn't like it and mortgage rates got nailed today. There is still hope but its fading. Rates are just going to keep falling like there is gravity on that chart. I screwed this video up - hate when i do that, but oh well its free! Links below :)

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VA mortgage rates, FHA mortgage rates, Conventional mortgage rates, JUMBO mortgage rates today

LINKS:
https://www.cnbc.com/2022/03/21/powell-says-inflation-is-much-too-high-and-the-fed-will-take-necessary-steps-to-address.html
https://www.cnbc.com/2022/03/21/bitcoin-options-goldman-sachs-announces-otc-crypto-trade-with-galaxy-digital.html
https://www.cnbc.com/2022/03/21/russian-bond-yields-spike-as-trading-resumes-after-month-long-pause.html
https://www.rent.com/research/average-rent-price-report/
https://www.experian.com/blogs/ask-experian/are-my-mortgage-inquiries-hurting-my-credit-scores/

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