Latest / Mortgage Rates Today | Housing Market & Fed News – The Rate Update with Dan Frio
The Rate Update —Mortgage Rates About To Spike? Here's What's Coming
Mortgage rates are under pressure again — and this time the trigger is bigger than just the Fed.In today’s video, I break down why the mortgage market just got dangerous, how rising oil prices, Iran / Strait of Hormuz tensions, inflation fears, the 10-Year Treasury, and mortgage-backed securities are all working together to push rates higher.If you’re buying a home, refinancing, or trying to decide whether to lock or float, this is the kind of market you need to understand before making a move.Today we cover:• Why mortgage rates are moving higher• What the MBS / mortgage bond chart is telling…
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