Kevin Warsh Increasing Mortgage Rates [g3goRUU7xd4]

Kevin Warsh will not be lowering mortgage rates. The mortgage rates are not controlled by the Federal Reserve. In fact Kevin is pushing to reduce the purchase of US Treasuries the Fed buys. This could actually put some upward pressure on mortgages. That being said mortgage rates have never historically tanked housing markets. They have shocked markets which creates a slow down for sure. In the 1970s and 1980s we saw this play out multiple times. This time is quite similar but Kevin is proposing a new way forward to keep inflation from coming back. #kevinwarsh #federalreserve #mortgagerates