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Week of October 23, 2023

Using the yield spread to forecast recessions and recoveries

Using the yield spread to forecast recessions and recoveries
The yield spread indicates an economic recession is imminent heading into 2024.

Trending mortgage rates

Trending mortgage rates: FRMs
FRM rates: continued to increase in the week ending October 20, 2023. Get the latest data on a variety of critical market rates.

Trending mortgage rates

Trending mortgage rates: ARMs
ARM rates: are just slightly lower than 30-year FRM rates — with the limited savings not worth the significant dangers inherent in ARMs.