Send us a text When the Federal Reserve announces a rate cut, most people expect mortgage rates to drop too. But here’s the truth: Fed funds rates and mortgage rates aren’t directly tied, and that’s where so much confusion comes in. In this week’s episode of Loans Elevated, we break down the difference between Fed rate cuts, Treasury yields, and mortgage-backed securities. We explain why mortgage rates often move before Fed announcements, why the 10-year Treasury is the real market to watch, ...
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