It’s a big day for the economy, with data on inflation and the latest Fed minutes due for release. More on that later.It shows the huge gap between mortgage rates, and the rates that Americans are actually paying — a gap that hasn’t been this wide since the early 1980s,... It’s a big day for the economy, with data on inflation and the latest Fed minutes due for release. More on that later.
The firm notes the dynamics in the U.K. are similar, with an even older housing stock , a constrained supply of new homes, an aging population and people staying in their homes longer. For more market updates plus actionable trade ideas for stocks, options and crypto, subscribe to MarketDiem by Investor’s Business Daily.
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