Wednesday, August 13, 2025Market participants continue to ride the narrative that interest rate cuts will be coming down, and perhaps faster than we had initially thought. Recall not long ago, a plurality of analysts were considering zero rate cuts for 2025. Now we’re up to 2-3 again (it had been 5-6 at the start of the year), and at least one might be a 50 basis-point (bps) cut, not 25 bps.This would presumably bring down mortgage rates as well, which is why we’re seeing mortgage lenders like Rocket Compan ...