The Fed is announcing its federal funds rate decision today, and everyone assumes mortgage rates will follow. They won't, at least not directly. In this video I break down: • What the federal funds rate actually controls (hint: credit cards and HELOCs, not your 30-year fixed) • Why mortgage rates track the 10-year Treasury yield instead • How the bond market prices in Fed decisions weeks before they happen • Why only a surprise from the Fed moves mortgage rates on announcement day • What data actually drives your rate: inflation, jobs, and rate expectations If you're timing your home purchase or refinance around Fed meetings, this will change how you think about it. 📩 Comment FED and I'll send you where rates stand today. 📈 Get rate alerts and market updates: https://truebluelending.net/rates#subscribe Subscribe for weekly breakdowns on mortgage rates, loan programs, and what's actually happening in the housing market in California and Florida. Jesse Gonzalez, NMLS #278103 True Blue Lending Corporation, NMLS #2380218 Licensed in California and Florida Equal Housing Opportunity. This video is for educational purposes only and is not a commitment to lend. Rates, terms, and program availability are subject to change and credit approval.
