Trump’s SHOCK Fed Pick: Will Your Mortgage Rates PLUMMET or SKYROCKET?! 3 Facts NOW!
Could a new Federal Reserve chairman drastically cut your mortgage rates, or might it trigger an economic disaster? President Trump's preferred candidate, Kevin Warsh, advocates for aggressive rate reductions to boost housing affordability, directly challenging the current Fed's approach. This strategy, aiming to make 30-year fixed-rate mortgages more accessible, comes with significant risks, as experts warn that explicit rate cuts amid inflation could paradoxically push long-term mortgage rates even higher. While the Fed does not directly control these rates, its policy decisions strongly influence them, making this potential shift a high-stakes gamble for homeowners and the broader economy. Stay informed on these crucial financial developments by subscribing to our channel for more expert analysis.
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