Latest / Mortgage Rates Today | Housing Market & Fed News – The Rate Update with Dan Frio
Mortgage Rates Hit 5.99% — Fed Says No Cuts Coming
Mortgage rates just dropped to 5.99% — the lowest level in nearly three years.HOME.COM Article https://www.homes.com/news/daily-mortgage-rates-dip-to-5-99/1356105419/But here’s the twist:The Federal Reserve says no rate cuts are coming because inflation is still too high.President Donald Trump is calling for rate cuts.Inflation remains sticky.Tariffs are creating uncertainty.The Supreme Court just struck down major trade policy.The jobs market is sending mixed signals.Bond markets are reacting.So how are mortgage rates falling without a Fed cut?In this episode, we break down:• Why mortgage…
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