Fed Rate Cuts, Jobs Data & 30-Year Mortgages: What’s Next for Interest Rates? (with Dan Habib)

The Fed just made a surprise “risk management” rate cut — but why are mortgage rates acting differently than expected? 🤔 In this episode of Market Shares, Tony Blodgett sits down with Dan Habib to break down the September Fed meeting, Stephen Mirren’s controversial DOTS plot, inflation vs. labor concerns, and the critical October 3rd jobs report.If you’re wondering whether mortgage rates could drop to 6% or high 5s, how labor market changes and visa policies impact the economy, and what to expect for homebuyers and refinancers, this is the analysis you need.📌 Topics We Cover:September Fed meeting recap & Powell’s press conferenceWhy mortgage rates rose despite the Fed’s 0.25% cutDOTS plot breakdown & Fed member divisionsInflation vs. labor market risks: what drives policyWeak job data, BLS revisions & the new Chicago Fed “CHURN” indicatorFed’s “risk management” cut explained & potential for 1–2 more cutsOctober 3rd jobs report: why it could move the marketMortgage spreads, long-term rate forecasts & potential 30-year rate dropsImpact of low rates on refinancing vs. new home purchasesHow immigration & labor force changes influence the Fed’s decisions🔔 Don’t miss out! Subscribe and stay ahead of the game with Market Shares.📌 New episodes drop every Friday at 10 AM PT!