Nuwave Rate Update - 9.2.22

Happy September to all our subscribers! As expected, this week has been a wild one for interest rates.

On the heels of the FED announcement (8/26) we saw rates spike throughout the week. We are seeing 30-yr rates hovering at 6% to wrap up the week.

The FED statements were extremely hawkish towards inflation. Powell stated that if a 75bps rate hike was necessary based on the data, the FED would not hesitate to implement this large hike. But, it would most likely be a hike around 50 bps.

I'd expect the rates to rise next week as much as .25% and then begin to level out until the FED meeting at the end of September.

Keep an eye out for a big Nuwave Announcement coming next week. We have been working on more resources for our partners and subscribers. If you find this information valuable, please consider sharing this with other agents and industry professionals. Encourage them to subscribe as well as we continue growing!