Leo Nordine

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Interest Rate Hike Déjà Vu

The media is once again predicting a rise in mortgage interest rates when the Fed meets June 14-15. This has been going on for 3 years now, and they’ve been wrong every time.

chart-interest rate hike deja vu

My opinion (unchanged in 3 years) is that rates will hold, and drop a bit as we get closer to the election.