Logan Mohtashami | Lead Analyst For HousingWire | Win Now Ep. 13
Todd Bookspan, CEO and Founder of Win By Noon, and Deborah Byrd, CEO of Plug and Play SM talk with Logan Mohtashami, the Lead Analyst for HousingWire. They discuss a range of topics, including interest rates, the labor market, and the housing market. Mohtashami explains that he never targets mortgage rates, but instead targets the 10-year yield, and his forecast for 2023 is that the 10-year yield will be in a range between 3.21 and 4.25. His 2023 forecast predicts that the 10-year yield will be between 3.21% and 4.25%, which translates to mortgage rates of 5.75% to 7.25%, assuming spreads remain the same. For the 10-year yield to break under 3.21%, Mohtashami needs to see the labor market start to break. Overall, Mohtashami is a go-to expert for understanding mortgage market data and presenting it in an easy-to-understand way