The Feds Quiet Mortgage Squeeze Shorts [ST4lP5hy7AY]
The Fed's Quiet Mortgage Squeeze #Shorts The Fed is pulling nearly $14 billion a week out of the mortgage machine. That sounds like Wall Street plumbing, but it hits home payments. The Fed's total assets are $6.74 trillion, and its mortgage-backed securities — bonds tied to home loans — fell $13.9 billion in one week. When that buyer steps back, mortgage costs can stay high even if other rates do not. That is one reason the 30-year fixed mortgage rate climbed to 6.66 percent, up 8 basis points — basically 0.08 percentage point — in a week. The Fed can hold rates steady, but if it keeps letting mortgage bonds run off, homebuyers still feel the squeeze. Follow Stock Beaver for more. 📊 Full interactive charts & stock screener: ☕ Support the channel: #Shorts #Finance #Investing #Fed #MortgageRates #Economy #Shorts #StockBeaver