Rates Down, Stocks Up: The Housing Reality Nobody's Talking About
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Rates Down, Stocks Up: The Housing Reality Nobody's Talking About
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Interest rates continued their downward trend last week, settling into the 6.5-6.625% range as the stock market reached all-time highs following a significant Senate bill passage.
• Interest rates saw consistent decreases throughout last week
• Stock market at all-time high, positively affecting mortgage bonds
• Recent CNBC report highlighted 0.05% increase in 30-60 day mortgage delinquencies while ignoring decreases in longer-term delinquencies
• Overall delinquency rates are lower compared to last year
• Morgan Stanley forecasts on rate cuts by end of 2026...
• Fundamental economic indicators (lower inflation, higher stock market) support continued stability
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