Latest / Mortgage Rates Today | Housing Market & Fed News – The Rate Update with Dan Frio
Your Rate Won't Move Tomorrow... Unless THIS Happens
Mortgage rates are holding steady heading into tomorrow's Federal Reserve meeting, but oil sitting at $80 a barrel could change everything fast. Today I break down the jobs report, cooling inflation data, and why home prices are up 1.6% year over year despite the crash predictions.There's a 70% chance the Fed does nothing at tomorrow's meeting, but that's not the full story. Between a softening ADP jobs report, inflation numbers coming in cooler than expected, and oil prices tied directly to the ongoing conflict overseas, there's a lot moving underneath the surface that could shift your rate…
The skinny
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