Mortgage rates rise again for the 4th straight week

[sabula]

The Trump effect is in full force, as mortgage rates have bumped up again for the fourth straight week. The market and the economy signaling they are not prepared for the chaos that's bound to come. What a shame he has put us in this position. Middle class America already being punished by him.

 

[IACub]

And me personally, a mortgage lender, being punished by him. GFY, MAGAs.

 

[NorthEndzoneCrew]

President Trump said they will go down, so I’m sure they will!! Just wait two weeks, and certainly by Easter. It’s going to be beautiful.

 

[ICWestfan]

The latest jump comes after 10-year Treasury yields, which mirror mortgage rates, rose after new economic data released this week pointed to stickier inflation and more job openings — both factors that complicate the Fed’s rate-cutting path.

Link- Yahoo

 

[ICWestfan]

The Trump effect is in full force, as mortgage rates have bumped up again for the fourth straight week. The market and the economy signaling they are not prepared for the chaos that's bound to come. What a shame he has put us in this position. Middle class America already being punished by him.

 

[Capital1Hawk]

The Trump effect is in full force, as mortgage rates have bumped up again for the fourth straight week. The market and the economy signaling they are not prepared for the chaos that's bound to come. What a shame he has put us in this position. Middle class America already being punished by him.

He hasn't even taken office yet and blaming him. Love it!

 

[Obviously Oblivious]

The markets and finance world hate uncertainty. Trump oozes it.

 

[sabula]

He hasn't even taken office yet and blaming him. Love it!

The market reacted to the terrible news that he was going to take office, meaning there's another dumpster fire #2 coming for 4 years, full of chaos and mismanagement. You bet they reacted to that. Totally Bonespurs fault. Accountability sucks... I know.

 

[Joes Place]

Going to get worse with Net Neutrality going away.

All your streaming services prices will be going up, as ISPs with affiliations throttle competitors to extort money out of them...

 

[ICWestfan]

The market reacted to the terrible news that he was going to take office, meaning there's another dumpster fire #2 coming for 4 years, full of chaos and mismanagement. You bet they reacted to that. Totally Bonespurs fault. Accountability sucks... I know.

new economic data released this week pointed to stickier inflation and more job openings

Thanks Joe!

 

[LunchBox50]

President Trump said they will go down, so I’m sure they will!! Just wait two weeks, and certainly by Easter. It’s going to be beautiful.

That and the grocery and gas prices. Gonna be great!

 

[Joes Place]

That and the grocery and gas prices. Gonna be great!

As soon as we get all them cheap eggs from Greenland and Panama, eggs are going to be virtually FREE!!!

 

[Huey Grey]

Trump promised us Dominos. But delivered us Papa John's.

 

[lucas80]

Going to get worse with Net Neutrality going away.

All your streaming services prices will be going up, as ISPs with affiliations throttle competitors to extort money out of them...

Sure the poors will suffer, but you can’t let the billionaires and massive corporations suffer!

 

[LunchBox50]

As soon as we get all them cheap eggs from Greenland and Panama, eggs are going to be virtually FREE!!!

Don't forget — Ukraine-Russia war will also conclude within 24 hours of him taking office.

 

[OutbackBowl2017]

new economic data released this week pointed to stickier inflation and more job openings

Thanks Joe!

 

[Chishawk1425]

 

[noleclone2]

Burn it all down.

 

[Gus is dead]

The markets and finance world hate uncertainty. Trump oozes it.

No. What they hate is a feckless, half dead, corpse of a President that cannot lead. Thank God he's about to sail into the sunset.

The actual reality is that the Fed controls almost all of this so hopefully we see some progress and Trump does some good things to help the economy.

We arent exactly leaving him to best situation it seems to me.

 

[MitchLL]

He hasn't even taken office yet and blaming him. Love it!

How's that different than conservative media crediting him for the run up on Wall St in the last 1/4 of 2024 as an anticipation of a Trump Administration?

Answer...it's not.

 

[Kelsers]

He hasn't even taken office yet and blaming him. Love it!

Trump was taking credit for stuff months before he was elected.🤔

 

[Hawky4361]

The market reacted to the terrible news that he was going to take office, meaning there's another dumpster fire #2 coming for 4 years, full of chaos and mismanagement. You bet they reacted to that. Totally Bonespurs fault. Accountability sucks... I know.

What market??...what a jag....

 

[Hawky4361]

How's that different than conservative media crediting him for the run up on Wall St in the last 1/4 of 2023 as an anticipation of a Trump Administration?

Answer...it's not.

Might help if you are living in the right year....

 

[MitchLL]

Might help if you are living in the right year....

Thanks for the correction...2024!

 

[Doodads and Hoohah]

He hasn't even taken office yet and blaming him. Love it!

Also can't take credit for anything that has it is happening

 

[artradley]

He hasn't even taken office yet and blaming him. Love it!

Markets are based on what they expect to happen.

 

[artradley]

Trump promised us Dominos. But delivered us Papa John's.

Good analogy. He promised one bad thing and he will give us a different bad thing.

 

[Capital1Hawk]

The S

Markets are based on what they expect to happen.

The S&P has been on a tear for 2 years and way over priced, Buffet Index doesn't lie. Economy will slow down don't care if it was Harris or Trump.

 

[WadeLookingbill]

No. What they hate is a feckless, half dead, corpse of a President that cannot lead. Thank God he's about to sail into the sunset.

The actual reality is that the Fed controls almost all of this so hopefully we see some progress and Trump does some good things to help the economy.

We arent exactly leaving him to best situation it seems to me.

To be fair, Trump is inheriting a situation that is significantly better than the mess he left Biden.

 

[Gus is dead]

To be fair, Trump is inheriting a situation that is significantly better than the mess he left Biden.

Mess because of......?

 

[Gimmered]

President Trump said they will go down, so I’m sure they will!! Just wait two weeks, and certainly by Easter. It’s going to be beautiful.

You forgot drill baby drill.

 

[joelbc1]

Once we start pumping oil and making America great again, mortgage rates will fall! By Valentine’s Day America will see the greatness of MAGA first-hand!

 

[sabula]

Once we start pumping oil and making America great again, mortgage rates will fall! By Valentine’s Day America will see the greatness of MAGA first-hand!

Right!! We will own Greenland! And I'll be vacationing at the Gulf of America.

 

[WadeLookingbill]

Mess because of......?

The inflation spike he caused via his mismanagement of Covid, including the signing of the CARES Act, the PPP program, and his personally signed Economic Impact Program checks.

 

[Gus is dead]

The inflation spike he caused via his mismanagement of Covid, including the signing of the CARES Act, the PPP program, and his personally signed Economic Impact Program checks.

Right. COVID. You got it.

The once in a lifetime pandemic.

 

[WadeLookingbill]

Right. COVID. You got it.

The once in a lifetime pandemic.

Glad you agree that Trump is inheriting a better situation than Biden did.

 

[3boysmom]

I read somewhere that the minutes of the last meeting of the federal reserve indicate that they are concerned about Trump's policies causing greater inflation and keeping rates higher. I don't remember specifically where I read it but it certainly could show why rates are rising. And why he specifically is to blame.

 

[Gus is dead]

Glad you agree that Trump is inheriting a better situation than Biden did.

I agree with that. But not because of Trump per se. Because we were battling C19..

 

[Gus is dead]

I read somewhere that the minutes of the last meeting of the federal reserve indicate that they are concerned about Trump's policies causing greater inflation and keeping rates higher. I don't remember specifically where I read it but it certainly could show why rates are rising. And why he specifically is to blame.

I'd be interested to read that if you have a source.

I'd be surprised if they named Trump specifically.

 

[RicoSuave102954]

The Trump effect is in full force, as mortgage rates have bumped up again for the fourth straight week. The market and the economy signaling they are not prepared for the chaos that's bound to come. What a shame he has put us in this position. Middle class America already being punished by him.

Thanks to Joe and Kamala things are growing worse by the day.