🚨 THE FED PAUSED. YOUR COST OF CAPITAL DIDN’T. 💸

GRO MONEY NEWS · Oct 29, 2026 · 10m

The Fed held rates at 3.75 percent to 4 percent yesterday, but the 10 year Treasury is still hovering around 5 percent. Mortgage rates are roughly 7.35 percent, Nasdaq futures are under pressure, and the market is making one thing very clear: capital is available, but investors are charging aggressively for risk.

🏠 Mortgage applications rose 3.4 percent last week, but purchase activity remains roughly 18 percent below last year and refinancing activity is down about 61 percent. Existing home closings improved in September, while pending sales fell sharply, which tells you the forward housing…