📈Fixed Rates To Reach New Peak?!

With Surging Bond Yields reaching their PEAK for 2024, we’re likely to see fixed rates get pushed up yet again this year! This is definitely not the news most of us want to hear right now, that’s for sure. 💸💥📈

On the variable side, many in the forward rate markets, where traders hedge on these sorts of things, they’re predicting just TWO cuts this year while many senior economists have changed their forecast to 1 cut this year and 2-3 in 2025! 💼💰🔍

If inflation and employment soften soon enough however we may see our first rate cut in June or July of this year! 📉🗓️

I’d love to know what you think though! What’s going to happen to the fixed and variable rates as we move into the rest of 2024?

Please let me know your thoughts in the comments section below 👇!

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