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☆ Mortgage rates will 'lead the way' lower ahead of Fed rate cut, says Matt Graham
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMortgage rates will 'lead the way' lower ahead of Fed rate cut, says Matt GrahamMatt Graham, chief operating officer at Mortgage News Daily, joins CNBC's 'The Exchange' to discuss the housing market outlooks, mortgage rates, and more.

Persons: Matt Graham Matt Graham Organizations: Mortgage News

Average 30-year U.S. mortgage rates have hit 6.7%, the highest level since 2007, mortgage giant Freddie Mac reported Thursday. There remains a large dispersion in rates, Freddie Mac said, with some lenders having breached 7%, according to Mortgage News Daily, representing a 20-year high. This time last year, mortgage rates were at less than 3%. If bond yields continue to move higher, mortgage rates will, too, said Matt Graham, the founder and CEO of MBS Live mortgage data group. "We may already be looking at the ceiling levels for mortgage rates unless Treasuries manage to press significantly" higher, Graham said in an email.

☆ The many faces of Scooter Braun
▼ + stars: | 2022-03-01 | by ( Anna Silman | ) www.businessinsider.com time to read: +44 min

The former Yeezy associate said that West had offered Braun large percentages of Yeezy several times, which Braun always declined.) Singer told Insider that Braun "did not even see the final cut until the day before it came out." In 2012, Braun told The New Yorker that Geffen's advice to him was "Get out of the music business." Singer told Insider that Braun had only seen Jayne "once in his life, at a political event they both attended. And I couldn't fix it and I'm a fixer, and because I couldn't fix things I started to spiral," Braun told Shetty.

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