Fed Rate Cut Explained: How It Impacts Mortgage Interest Rates

The headlines say “rates dropped”, but is that what really happened? In this episode of Take 10, Lisa Wiles and Corey Freels break down the Fed’s September rate cut, what it means (and doesn’t mean) for mortgage rates, and why your clients may be hearing a different story in the news.

You’ll learn:

• The difference between the Fed funds rate and mortgage rates (and why they don’t move the same way)
• How markets priced in rate cuts before the Fed announcement
• Why mortgage rates actually ticked up after the cut
• The opportunity Realtors have right now with the highest housing inventory since 2019
• How to use this knowledge to confidently guide buyers and sellers

If you’ve been waiting for the right time to get clients off the fence, this is it. Stay sharp, stay informed, and stay one step ahead.