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Money and Finances
Reply to "Treasuries yields rising as fed cuts"
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[quote=Anonymous][quote=Anonymous]Q for all you econ geniuses: Should we refinance our 7 percent 30-year mortgage now, or wait to see if next year rates drop into the lower 6 percent range or even below that? I know there's no timing the market, but also think the messages above seem to be saying QE could create inflation which could send mortgage rates higher next year?[/quote] Who knows. One of the ways they have done QE in the past has been to buy mortgage bonds, which drives rates in that market down (this is what they did in 2020/2021, that's why mortgage rates were so low then).[/quote]
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