– 15-year rates are tied to mortgage backed securities (MBS) which are a type of bond and provide a safe haven for investors when the stock market is volatile. The 10-year note affect 15 year conventional mortgage rates. When investors purchase these bonds, they are essentially creating the funds needed to lend money to homebuyers.
Inflation Market Suggests Fed Should Slash Rates, Not Trim Them – The fed funds futures market is getting aggressive about a 2019 federal reserve interest-rate. year, and my view is that if this inflation profile that’s priced by the market turns out to be.