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Dynex Capital Co-CEO Popenoe analyzed the drivers of mortgage rates and the Federal Reserve's policy.
Smriti Popenoe, Co-CEO of Dynex Capital, stated on Bloomberg that mortgage rates are currently hovering around 7%. She explained that government bond yields, government borrowing, and hyperscale corporate debt are the main factors pushing up long-term rates, and outlined potential policy adjustments the Federal Reserve could make to help activate the stagnant U.S. housing market.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
Previous: UK FCA and other agencies jointly raided three illegal P2P crypto trading venues in London, signaling the end of the "light-touch" era of crypto regulation.
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Next: Chip stocks such as Intel and Micron continued their strong rebound on Thursday, with Intel rising over 8% during the session.
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