Episode notes
Mortgage Mike Helps | Do Fed Rate Cuts Mean Lower Mortgage Rates?
Link to YouTube Video Episode: https://youtu.be/sjpW1UM2ncU
Confused about why mortgage rates aren't dropping even though the Federal Reserve is cutting rates? You're not alone.
In this insightful video, mortgage experts Brendan and Mike Riley delve into the reasons behind the disconnect between the Federal Reserve's rate cuts and mortgage rates. They explain that while the Fed influences short-term interest rates, mortgage rates are more closely tied to long-term factors like the 10-year Treasury yield and inflation expectations. Understanding this distinction is crucial for homebuyers and real estate professionals navigating the current market.
For more expert mo ...