Volatility is back with a vengeance since the election–especially for rates. Just when it looked like things might be calming down, this week’s Fed Announcement resulted in a spike to the highest levels in well over 2 years. As various media outlets rush to cover the drama, some stories have overplayed the drama while others fell short of relaying the true severity of the move.
Source: Kevin Litwicki Universal Lending
Rate Spike is Better and Worse Than You've Been Told