The Fed's Rate Cut Paradox: Why Are Mortgage Rates Rising?

Last week, the Federal Reserve cut interest rates, but surprisingly, mortgage rates increased. How is this possible, and was it anticipated? In today's episode of "Mosaic: The Stories of Real Estate," I explore the reasons behind the rise in mortgage rates despite the Fed's rate cut. I invite you to listen to the episode and reach out with any questions. Michael F Nelson, CEO - Efficient Lending, Inc 720.419.3016 or [email protected] or @mike_lending NMLs: 1876539 NMLS: 1314188 #EfficientLending #MortgageRates #RogueMedia Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.