Logan Mohtashami: CPI data takes one rate cut off the table

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On today’s episode, Editor in Chief Sarah Wheeler talks with Lead Analyst Logan Mohtashami about the CPI inflation data and what it means for mortgage rates.
Related to this episode:
- Inflation rose again in March. It’s another blow for the mortgage industry: www.housingwire.com/articles/...
- Follow Logan on Instagram: / logan_mohtashami
- Connect with Sarah on LinkedIn: / sarah-tester-wheeler
- HousingWire: www.housingwire.com/
- The Gathering: events.housingwire.com/the-ga...
Enjoy the episode!
The HousingWire Daily podcast examines the most compelling articles reported across HW Media. Each morning, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted and produced by the HW Media team.

Опубликовано:

1 июн 2024

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Комментарии : 16

@carlosvelasco1766 Месяц назад

thank you for the pushing Logan to expand/explain! 🥛🍪

@Frenchy80813 Месяц назад

It was never 6 rate cuts, maybe 4 now 2

@cremephoto Месяц назад

ONE event in the USA, one black swan, crisis, makes this ALL CHANGE. That’s the GAME %

@NeoSoulCrew Месяц назад

Logan "4 rate cuts" finally relents

@LoganMohtashami Месяц назад

Never over 3 rate cuts, but then again, I'm not a Fed pivot person. Until the labor market breaks, I am not budging from that stance. That's jobless claims data, and it came in low again today. Same premise as I said early in 2023 on CNBC, labor over inflation

@cremephoto Месяц назад

MLOs need to eat fertilizer for a while by the way, if they authentically desire to stay in the business- PERIOD. So figure out how to get outta your luxury leases lol, stop being an influencer, and rummage your database to educate your consumers like “5 year olds” without condescension- NAR blowing up stops the partying, the brokerage settlements, and re-centers the behaviors in the industry 😂 So yeah life events and cash continue to MOVE housing regardless of RATES. The rate of interest, is based on these current trends.

@TerryKashat Месяц назад

No fertilizer. I like lamb. 🥃

@sdcororaton Месяц назад

The Fed doesn’t care what the bond market thinks .. they look at the economic data. The bond market was too pessimistic about growth when the labor market was so strong - pricing in 7 rate cuts ??? Couldn’t understand that

@pingwang9742 Месяц назад

How I understand it is that the fed rate and the 2 year yield tango closely together. Vs. the slow dance that Logan likes to talk about with 10yr and mortgage rates. Therefore if the fed funds is currently at 5.25, and if the 2 year is at 4.75, then the market is expecting 2 rate cuts at .25 each to get from 5.25 to 4.75

@LoganMohtashami Месяц назад

2-year yield tries to get ahead of a Fed rate hike or cut where the 10-year yield And mortgage rates move daily

@cremephoto Месяц назад

The dynamics work closely, FAR APART** hence the spread speculation “ahead of the feds”.

@giniaa2707 Месяц назад

I really enjoy your interviews with Logan. However, while Logan finds the difference between the 10 year and 2 year patently obvious, it is not so familiar or obvious to the average person due to all the economic and financial terms being tossed around during the discussion that are unfamiliar.

@LoganMohtashami Месяц назад

The 2-year yield is tied to short-term rates by the Fed, and the 10-year yield is more correlated to mortgage rates, which move daily. The 2-year yield has fallen in yield, but no rare cuts have happened yet. Where 10-year yield and mortgage rates move daily.

@giniaa2707 Месяц назад

@@LoganMohtashami Thank you, Logan!

@cremephoto Месяц назад

Pause the video, and look up the key terms- then resume and watch it again- then form your own consensus

@gregorywstroud Месяц назад

Stop being mean and condescending to Sarah and all us 5 yr olds. You might find a few more stray cats on your doorstep. 😂😂 Remember she’s doing the “Lord’s work.”😉