July 24, 2023 – Rate Commentary

• July 24, 2023
• realestate
• Business & Markets, Fed, Interest Rates, Politics & Economy, Rates, Real Estate, Real Estate Finance, Recession, World News, Your Real Estate Life

Rate sheets this morning likely pretty similar to Friday, as bonds settle in to the calm before the storm. Reprice risk today is low, with nothing in the way of economic data to shake things up and a muzzle still on all the Fed speakers ahead of this week’s Fed meeting. Likely that rates tread water till Wednesday, when we will see what the Fed has to say and how markets react. There is no guarantee that rates will improve after the Fed meeting, but there is enough possibility that almost all loans will want to float into Wednesday.