Wall Street’s Bond Rally Isn’t Lowering Mortgage Rates on Main Street

Barrons, Mar. 10, 2020–Randall Forsyth
The epic bond rally on Wall Street isn’t trickling down to Main Street in the form of significantly lower mortgage interest rates. That supposed benefit to consumers may be far less than expected, and less than the wealth destruction from the plunge in stock prices. (MBA mention; subscription)
https://www.barrons.com/articles/wall-streets-bond-rally-isnt-lowering-mortgage-rates-on-main-street-51583875850