What ASA Members Need to Know About Current Mortgage Rates.

Season 4, Episode 9: Welcome back to Keeping it Real with Dr. Kuehl. This week Dr. Kuehl responded to a membership question regarding mortgage rates.ASA Chief Economist Dr. Chris Kuehl is back with his weekly economic update podcast. In Season 4, Episode 9 (8:47 in length), Dr. Kuehl answers a question regarding mortgage rates and if we will see them ever come down or at least level out.   Will we ever see 1-2% mortgage rates?      Will rates even go back to where they were a few years back? What will be the upper end and what will be the drop down?Fundamentally, the Fed rate decisions are made how??    All other rates are based on what? Is it automatic?The Feds conversation thus far on rate reduction has been what?What two things would sway the Fed away from rate reduction?    Where does inflation still exist? Why is it hard to bring down?  What is the BIS? Do they have an influence on rates?When will we see a rate reduction? Are we seeing any consensus?Is it realistic to see mortgage rates in the low 6%?Ask Dr. Kuehl a Question Have a question or topic for Chris Kuehl that you would like answered on this podcast? Email it to Bri Baresel at [email protected].