09/12/2025
🚨 Many of you are watching the Federal Reserve and waiting on next week’s announcement about interest rates. But here’s something you may not realize… mortgage rates don’t always follow the Fed Funds Rate.
Last September, everyone was waiting for the Fed to cut rates. And when the cut was announced—guess what happened? Mortgage rates actually went up.
Why? Because mortgage rates often move with the 10-year Treasury bond, not directly with the Fed. In fact, before the Fed meeting last year, mortgage rates had already been steadily dropping for 1–2 months. By the time the cut came, the market had already “priced it in.”
Fast forward to today: rates have just hit an 11-month low. Will they stay there? Hard to say—this year’s labor market looks different, with jobless claims rising. But the key takeaway is this: ⏳ if you’re waiting for the Fed to “make it official,” sometimes you’re already too late.
👉 If you’ve been on the fence about buying or refinancing, now’s the time to talk strategy. Send me a message and let’s figure out the best timing for your situation.
