Episode Details

Back to Episodes
Mortgage Rates Could Rise Even If the Fed Holdsโ€”Hereโ€™s Why

Mortgage Rates Could Rise Even If the Fed Holdsโ€”Hereโ€™s Why

Published 1ย month, 3ย weeks ago
Description

Oil prices are falling right as this week's biggest inflation reports hit: PPI tomorrow, CPI Friday, and a Federal Reserve meeting next week that will decide what happens to your mortgage rate.

๐Ÿ›ข๏ธ Oil prices are dropping, and that ties directly into inflation and your mortgage rate ๐Ÿ“Š PPI (producer inflation) drops tomorrow. Dan's forecast: hotter than consensus, driven by a base effect most people are missing ๐Ÿ“ˆ CPI (consumer inflation) drops Friday, the number the Fed says will decide their next move ๐Ÿฆ The Fed meets next week. Current odds sit at 62% heading in ๐Ÿ’ฐ See what a move from 5.99% to 7.99% actually does to the payment on a $350,000 loan

Full numbers and Dan's forecast breakdown posted at the blog: https://www.therateupdate.com/blog

โฑ CHAPTERS 0:00 Intro: Oil Prices and This Week's Inflation Setup 1:20 Daily Bond Market Check 2:50 PPI and CPI Forecast: What Most People Miss 6:40 What It Means for Your Payment 8:30 Fed Meeting Next Week: The Odds

๐Ÿ  APPLY NOW โ€” One Application, One Credit Pull, 30+ Lenders Compared https://257781.my1003app.com/246527/register

๐Ÿ“… REQUEST A FREE CONSULTATION https://www.therateupdate.com/book-a-call

๐Ÿ” FREE LE REVIEW โ€” Already have a quote? Send me your Loan Estimate and I'll compare it against 30+ lenders https://www.therateupdate.com/loan-estimate-review

๐Ÿ“‰ JOIN RATE WATCH โ€” FREE Rate Monitoring https://rw2.therateupdate.com/

Welcome to The Rate Update with Dan Frio.

This channel helps homebuyers, homeowners, real estate professionals, and anyone watching the housing market understand what is really happening with mortgage rates, housing, inflation, the bond market, the Federal Reserve, and the economy.

Here we break down the stories that impact your mortgage payment, your buying power, your refinance options, and your financial decisions.

WHAT YOU'LL FIND ON THIS CHANNEL ๐Ÿ  Daily mortgage rate updates ๐Ÿ“‰ Housing market news and home price trends ๐Ÿ“Š Inflation, CPI, and Federal Reserve analysis ๐Ÿ“ˆ 10-Year Treasury and mortgage bond movement ๐Ÿ’ฐ Refinance and debt consolidation opportunities ๐Ÿก First-time homebuyer education ๐Ÿ” Rate Watch mortgage monitoring tools ๐Ÿงฎ Mortgage calculators and payment tools

WHERE TO START

๐Ÿก Buying a home โ€” FHA, VA, USDA, conventional, jumbo and down payment assistance https://www.therateupdate.com/first-time-home-buyer

๐Ÿ” Refinancing or accessing equity โ€” cash-out, FHA Streamline, VA IRRRL, HELOC and reverse https://www.therateupdate.com/homeowner-options

๐Ÿข Buying rentals โ€” DSCR on 1 to 8 units, bank statement and no-income options https://www.therateupdate.com/investment-property-loans

๐ŸŽ Down payment assistance โ€” 3.5% to 5%, including grants you never repay https://www.therateupdate.com/down-payment-assistance

TOP RESOURCES

๐Ÿ“Š TRU Mortgage Command Center โ€” Live Rate Dashboard https://command.therateupdate.com/

๐Ÿ’ณ TRU Debt Optimizer https://debtrelief.therateupdate.com/

๐Ÿงฎ Mortgage Calculators & Tools https://www.therateupdate.com/mortgage-calculators

โœ‰๏ธ Ask Dan a Question https://www.therateupdate.com/contact

FOLLOW THE RATE UPDATE

YouTube:

Listen Now