Host: Shelly Winter Expert: Deborah Morton, Founder & Owner, Clario Real Estate Guests: Ryan Charles & Jay Goss, Alcova Mortgage

Episode summary

The Fed cut its benchmark rate by 0.50. Credit cards, HELOCs, and auto loans moved right away, but mortgage rates didn’t shift the same day because they track the 10-year Treasury, not the overnight rate. Even so, mortgages have eased from ~8% last fall to the low-6% range, and more easing is possible if inflation keeps cooling. The team digs into what this means for affordability, timing your purchase, and smart ways to structure financing.

Key takeaways

• The Fed cut lowers short-term borrowing costs immediately; mortgages react to the 10-year Treasury and move on expectations.
• Markets “price in” future cuts.  ...