A Broken Market Is Causing Mortgage Rates to Surge

October 27, 2022

Bloomberg podcast, Oct. 27, 2022–Tracy Alloway and Joe Weisenthal (subscription)
On this episode, we speak with Guillermo Roditi Dominguez, managing director at New River Investments, about what’s happening deep in the market for mortgage-backed bonds to make rates surge this much. As he describes it, a sea change is helping to keep borrowing rates extra high.
https://www.bloomberg.com/news/articles/2022-10-27/odd-lots-podcast-why-are-mortgage-rates-so-high?