Real Talk on Rates with Mortgage News Daily’s Matt Graham

June 26, 2024

In this episode of the Top of Mind podcast, Mike Simonsen sits down with Matt Graham from MBS Live and Mortgage News Daily. A former loan originator, Matt is one of the foremost technology innovators and market commentators in the mortgage industry. Matt talks about what to expect with mortgage rates for the rest of the year and into 2025, and offers keen insights into a variety of other economic indicators.

Here’s a glimpse of what you’ll learn:

Why everyone was fooled about rates for 2024
What to look for with mortgage rates for the rest of the year and into 2025
What to look for in the inflation data for the next few months
Which other macroeconomic measures we should be watching
How the Fed communicates, and how markets react to the Fed
The latest dynamics of mortgage pricing, fees and points
Why the last two years has been “tougher than the Great Financial Crisis” for mortgage lenders
Why the 8% interest rate in September 2023 was probably “defensive panic” and unlikely to repeat
How the post-Covid stimulus money is still reverberating in the economy and the markets today
Whether there’s a threshold rate for where consumers start to buy homes
His view of the imperative to “spread the wealth” of real estate in the US to more people, including those who are long term renters

Related to this episode:

The Top of Mind Podcast is produced by Altos Research. Each week, Altos tracks every home for sale in the country – all the pricing, and all the changes in pricing – and synthesizes those analytics to make them available before becoming visible through traditional channels.