New Orleans Rate Update!

KP Talks Dollars and Sense

Jan 27 2024 • 18 mins

Ever wondered about the link between a softening economy and mortgage rates?

The 2-year Treasury is making moves, signaling potential shifts in mortgage rates.

Increased demand for Treasuries and mortgage-backed securities can also contribute to lower rates.

The Bank of Japan is considering a rate hike after 16 years!

If Japan raises rates, US assets hit the sell button. Stocks and bonds take the scenic route back to Japan, where their market thrives.

Japan's debt is HUGE (225% of GDP!), so a rate hike could be risky. Compare that to the US at 123%, juggling a $34 trillion debt.

Are you prepared for the unseen twists in the market? Listen and be ahead of the mortgage game.

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