Latest / Mortgage Rates Today | Housing Market & Fed News – The Rate Update with Dan Frio
Why Mortgage Rates Aren’t Dropping After Today’s Inflation and GDP Data
Mortgage rates today are being shaped by the Fed's PCE inflation report, the bond market, and a major shift in how the government is handling $40 trillion in national debt. Homebuyers and realtors, here's what it means for rates this week.In this video I break down: Today's PCE inflation report, which came in at 3.3% year over year, still double the Fed's 2% target How to read the daily bond market chart that actually moves mortgage rates Durable goods orders, GDP, personal income and spending, jobs data, and home price appreciation numbers What the Fed is expected to do at its meeting in 21…
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