You’re Not Gonna Like What Happens to Mortgage Rates

The U.S. government may have just lost the war on mortgage rates. Last week, the U.S. Treasury announced one of its biggest bond buyback programs in years—a whopping $6 billion allocated to (hopefully) lower bond yields, and by proxy, interest rates. Not only did it backfire, but it may have angered the bond investors so much that the market’s recovery is now in jeopardy. Do we still have any hope of lowering bond yields and mortgage rates so the housing market can get back in business? Today, we’re breaking down the good, the bad, and the ugly buybacks of the bond market, how this will affect your mortgage rates over the next year, and what can be done to spur confidence in bond yields (and the U.S. government). Dave even gives his mortgage rate prediction for 2027, with a range of where we could end up by this time next year. If rates stay high and housing demand gets even more subdued, the buying opportunities, price cuts, and seller concessions could only increase. Are you going to take advantage? Click here to listen on Apple Podcasts. Listen to the Podcast Here Read the Transcript Here Dave: The Treasury Secretary of the United States, Scott Bessett, looked at the bond market...