They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up. ↗
Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates. ↗
When immortality becomes for us no longer a matter of academic discussion, but the most vital of all questions; we shall find our comfort where so many before us have found it, in the ancient words. ↗