The Fed Changed Everything... Now What?

Mortgage rates had a volatile week after the first Federal Reserve meeting led by the new Fed Chair. Our mortgage experts break down why rates moved higher, why the peace deal didn't provide the relief many expected, and what this week's economic data could mean for mortgage interest rates. In this episode, we cover: • The first Fed meeting under the new Chair • Why markets reacted the way they did • What economic reports to watch this week • Fed rate hike predictions • Where mortgage rates are headed next Whether you're a homebuyer, homeowner, real estate agent, or loan officer, this market update will help you understand what's driving mortgage rates and what to watch in the days ahead. ---------------------------------------------------------------------------------------------------------------------- LEARN MORE: UMortgage is a purpose-driven mortgage company dedicated to redefining standards in the mortgage industry. We primarily focus on powering our Loan Originators with the tools and support they need to take their business to new levels. Through innovative technology and centralized Loan Originator support, our goal is to modernize, streamline, and create value-driven relationships that will trailblaze a new path in the industry. SUBSCRIBE: Learn more about financial education and the groundbreaking ways we are elevating UMortgage Loan Originators to propel them and their businesses. Subscribe to our channel to stay up-to-date on all the latest content: https://co.umortgage.com/youtube-subs... CONNECT WITH US: Like: https://co.umortgage.com/facebook Follow: https://co.umortgage.com/instagram Connect: https://co.umortgage.com/linkedin UMortgage NMLS# 1457759 00:00 Introduction 02:38 Last Week's Rates 06:20 Last Week's Economic News 07:38 This Week's Economic News 14:21 Fed Funds Rate 17:18 Mortgage Rates