30-Year Treasury HITS 5.33%: What It Means for Mortgage Rates

Mortgage rates are moving today as the 30 year Treasury hits a 19 year high, oil prices climb, and new jobs and housing data shift the Federal Reserve's next move on interest rates.In this episode of The Rate Update, Dan Frio breaks down:Why the 30 year Treasury yield just hit a 19 year high and why that number is not your mortgage rateThe real bond that drives mortgage pricing and how to read itWhy oil prices are the single biggest driver of inflation and mortgage rates right nowHow tariffs, government spending, and a Supreme Court ruling are adding pressure to ratesToday's jobs report, building permits, housing starts, and import and export pricesWhat the Federal Reserve is watching ahead of its next meetingWhat Dan is telling his own clients to do right now if they are buying, building, or already own a homeReady to Buy or Refinance? Get Pre-Approvedhttps://257781.my1003app.com/246527/registerWant to Talk Through Your Options? Schedule a Consultationhttps://calendly.com/d/cq29-7xd-x3v/the-frio-team?month=2025-05Have Questions? Contact / Ask Danhttps://www.therateupdate.com/contactRead the full breakdown on the blog: https://therateupdate.com/blogCHAPTERS0:00 30 Year Treasury Hits a 19 Year High1:35 Why Rates Are High: Oil, Tariffs & Government Spending3:20 How Oil Drives Inflation & the Fed's Next Move5:10 Today's Data: Jobs, Housing Starts & Import Prices7:20 What Buyers, Builders & Homeowners Should Do NowTOP RESOURCESTrack Mortgage Rates Automaticallyhttps://rw2.therateupdate.com/TRU Mortgage Command Centerhttps://command.therateupdate.com/TRU Debt Optimizerhttps://debtrelief.therateupdate.com/Mortgage Calculators & Toolshttps://stan.store/TRU-FoundationsFOLLOW THE RATE UPDATEYouTube: https://www.youtube.com/@TheRateUpdatewithDanFrioInstagram: https://instagram.com/therateupdateTikTok: https://tiktok.com/@therateupdateDISCLAIMERDan Frio is a licensed mortgage loan officer in all 50 states and Puerto Rico. NMLS #246527 | TRU Mortgage Team / PBT Bancorp NMLS #257781 | Equal Housing Lender.This channel is for education and commentary only. Topics may include mortgage rates, real estate, housing, stocks, bonds, cryptocurrency, inflation, the Federal Reserve, and financial markets.All opinions are my own and do not represent PBT Bancorp, TRU Mortgage Team, or any financial institution I may be employed by or affiliated with.Nothing on this channel is an offer to lend, a commitment to lend, financial, legal, tax, or investment advice. Mortgage rates, terms, approvals, and programs are subject to borrower qualifications, market conditions, underwriting approval, and change without notice. Not all borrowers will qualify.#MortgageRates #HousingMarket #FederalReserve #Homebuyers #Refinance