Market data as of October 10th, 2024
- Core CPI: 3.3%
- Unemployment Rate: 3.7%
- 20-Year Conventional Mortgage Rate (Credit Score 700+): Roughly 6.49%
- 10-Year Treasury Yield: 4.10%
- Federal Funds Rate: 4.75% - 5.00%
I personally do not think that the Fed will have a Basis Cut higher that 25 basis points in November.