Thomas Hayes of Great Hill Capital Expects Mortgage Rates Below 6% in a Few Months.
In a video interview with David Lin, Great Hill Capital’s Thomas Hayes is expecting Secretary of Treasury’s Scott Bessent to implement a type of Operation Twist, which will force interest rates to fall, particularly the 10-year treasury, and in turn, reduce mortgage rates. He expects this to occur in late summer and as a result, 30-year mortgage rates to dip below 6%. Hope he’s right. Courtesy of https://www.youtube.com/@TheDavidLinReport