InvestTalk 10-20-2023 – 7.7 % Mortgage Rates: What This Means for Housing Demand

The average contract interest rate for 30-year fixed-rate mortgages increased to 7.7% while applications for a mortgage were 21% lower than the same week last year.

 

Today's Stocks & Topics: LAC - Lithium Americas Corp., PMF - PIMCO Municipal Income Fund, Treasury Bills vs. CDs, I-Bonds, Law of Unintended Consequences, Dollar Cost Average, IHI - iShares U.S. Medical Devices ETF, Seniors.

Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline.

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