Yup on their way back up. I suspected we’d reached a local minimum. I guess this will be on its way up until the next event.
I do think there will be some ‘bad event’ which leads to big rate cuts again. However, said ‘bad event’ might also heavily curtail lending making it hard to get mortgages or at least mortgages with good rates. That’s why I decided to fix for 10 years in 2024 and secure financing before any black swan events hit.