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With Interest of  Form

With Interest of Form

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all right hey hope you are doing well we're coming up here America the great we're coming up on uh election moment next week ahead uh but really what we're focusing in on is uh interest rates what's going on what's what's the what's the great word what's happening uh interest rates are down but interest rates are up right like that's kind of the perplexing question that people have we've seen that you know the FED cut interest rates 50 basis points uh at their previous meeting and then now in the last 30 days the 10year treasury's up you know almost 50 basis points right and people are like mortgage rates are up what's what's going on well you know the FED controls the overnight uh rate and controls what is the variable rates for uh ultimately the basis for you know overnight lending at the banks and then in that in turn uh is impactful on variable rate loans on real estate a credit

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