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Tuesday, October 15, 2024

Lawler: Changes in Various Interest Rates Since the FOMC Cut Its Target Fed Funds Rate by 50 Basis Points

by Calculated Risk on 10/15/2024 08:49:00 AM

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Changes in Various Interest Rates Since the FOMC Cut Its Target Fed Funds Rate by 50 Basis Points

A brief excerpt:

From housing economist Tom Lawler:

Below is a table showing changes in various interest rates from the day before the FOMC’s 50 basis point cut in its Fed Funds rate target and last Friday.

Interest RatesCR Notes: After the Fed rate cut, the longer-term rates increased (including mortgage rates). The yield curve has reverted ...