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Transcripts for FOXNEWS Fox News Live 20240604 16:41:00

really getting them to put their home on the market. aishah: so some analysts out there, you know, jay powell, they re watching everything he says and does, and some folks are saying he might hold these rates steady. others are saying they re going to go up again, and you just mentioned you think they re going to go up again. why? well, it s i don t want to get too technical about it, but, you know, long-term interest rates are lower than short-term interest rates, and that s not the way it s supposed to be. the curve of interest rates known as the yield curve and the longer end of the curve is lower than the short end of the curve. at some point when the market normalizes, the long-term rates will end up going up and the short-term rates will end up falling. so if you re a betting person, you ve got to expect that they ll hold around mortgage rates around 7.5 if not inch up above 8%. aishah: mitch, i didn t hear any good news in that segment.

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