Ray, I’m not sure what your problem is and I’m not intimidated by who said it.

The comments above are factual and qualified.
He didn’t state average rates or anything misleading or bogus. He clearly states that they MAY push rates lower.

The FACT is that the 10 YR bond is up 16% since Tuesday (2 trading days) which is an indicator of mortgage rates. Rates closed higher this week, back near 5%.

Therefore you can look forward to the report about average rates from average reporters geared to average people to show that the average rates will be well off their recent lows.