Episode Details

📈 Ten year Treasury yields just hit their highest level since 2007, and the Federal Reserve could hike mortgage rates as soon as tomorrow's meeting. In this episode I break down what the Fed actually controls, why mortgage rates went up even after Fed rate cuts, and what homebuyers and realtors need to watch next.

🏦 What the Federal Reserve controls versus what actually moves your mortgage rate
 📉 Why rates climbed from 5.9% to 7.17% even after six Fed rate cuts
 🛢️ The six factors driving mortgage rates right now, including oil and Treasury supply
 📊 A 92% chance of a Fed rate hike tomorrow, and what today's jobs report means
 💡 Free tools to track your rate and see what a hike could do to your payment

Full breakdown on the blog: https://www.therateupdate.com/blog

0:00 Ten Year Treasury Hits Highest Level Since 2007
 1:45 What The Federal Reserve Actually Controls
 3:40 Why Mortgage Rates Rose After The Fed Cut Rates
 6:00 The Six Factors Driving Mortgage Rates Right Now
 8:15 Fed Meeting Preview and Today's Jobs Report

🏠 APPLY NOW — One Application, One Credit Pull, 30+ Lenders Compared
 https://257781.my1003app.com/246527/register

📅 REQUEST A FREE CONSULTATION
https://www.therateupdate.com/book-a-call

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

📉 JOIN RATE WATCH — FREE Rate Monitoring
 https://rw2.therateupdate.com/

WHERE TO START
 🏡 Buying a home: FHA, VA, USDA, conventional, jumbo, and down payment assistance
 https://www.therateupdate.com/first-time-home-buyer

🔁 Refinancing or accessing equity: cash-out, FHA Streamline, VA IRRRL, HELOC, and reverse
 https://www.therateupdate.com/homeowner-options

🏢 Buying rentals: DSCR on 1 to 8 units, bank statement, and no-income options
 https://www.therateupdate.com/investment-property-loans

🎁 Down payment assistance: 3.5% to 5%, including grants you never repay
 https://www.therateupdate.com/down-payment-assistance

TOP RESOURCES
 📊 TRU Mortgage Command Center — Live Rate Dashboard
 https://command.therateupdate.com/

💳 TRU Debt Optimizer
 https://debtrelief.therateupdate.com/

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

✉️ Ask Dan a Question
 https://www.therateupdate.com/contact

FOLLOW THE RATE UPDATE
 YouTube: https://www.youtube.com/@TheRateUpdatewithDanFrio
 Instagram: https://instagram.com/themortgageupdate
TikTok: https://tiktok.com/@therateupdate

If this helped you understand mortgage rates a little better, subscribe and turn on notifications so you catch the next update.

DISCLAIMER
 Dan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender
 524 Main St, Hazard, KY 41701
 NMLS Consumer Access: https://www.nmlsconsumeraccess.org/

Dan