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 rate The real bond that drives mortgage pricing and how to read it Why oil prices are the single biggest driver of inflation and mortgage rates right now How tariffs, government spending, and a Supreme Court ruling are adding pressure to rates Today's jobs report, building permits, housing starts, and import and export prices What the Federal Reserve is watching ahead of its next meeting What Dan is telling his own clients to do right now if they are buying, building, or already own a home Ready to Buy or Refinance? Get Pre-Approved https://257781.my1003app.com/246527/register Want to Talk Through Your Options? Schedule a Consultation https://calendly.com/d/cq29-7xd-x3v/the-frio-team?month=2025-05 Have Questions? Contact / Ask Dan https://www.therateupdate.com/contact Read the full breakdown on the blog: https://therateupdate.com/blog CHAPTERS 0:00 30 Year Treasury Hits a 19 Year High 1:35 Why Rates Are High: Oil, Tariffs & Government Spending 3:20 How Oil Drives Inflation & the Fed's Next Move 5:10 Today's Data: Jobs, Housing Starts & Import Prices 7:20 What Buyers, Builders & Homeowners Should Do Now TOP RESOURCES Track Mortgage Rates Automatically https://rw2.therateupdate.com/ TRU Mortgage Command Center https://command.therateupdate.com/ TRU Debt Optimizer https://debtrelief.therateupdate.com/ Mortgage Calculators & Tools https://stan.store/TRU-Foundations FOLLOW THE RATE UPDATE YouTube: https://www.youtube.com/@TheRateUpdatewithDanFrio Instagram: https://instagram.com/therateupdate TikTok: https://tiktok.com/@therateupdate DISCLAIMER Dan 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