Inflation Could Send Mortgage Rates Higher—Here’s What Buyers Need to Know

Mortgage rates are sitting at 6.9% and headed toward 7% this week as PPI, CPI, and the Fed's rate decision all hit. Dan Frio breaks down why this week's inflation data could push rates higher, what an 8-day-out Fed meeting with 60% hike odds means for you, and how oil pushing toward $100 a barrel factors in.Full breakdown and rate tracking on the blog: https://www.therateupdate.com/blog📊 THIS EPISODE 📉 Mortgage rates: currently 6.9%, on pace toward 7% 🏛️ Fed meets in 8 days: 60% odds of a rate hike 🔥 Dan's forecast: PPI, CPI, and core inflation all coming in hotter than Wall Street expects 🛢️ Oil up $2 to $93/barrel, nearing $100 on Brent: why that matters for your rate 💰 Payment math: what a 0.5% rate move costs on a $400,000 loan, and how much buying power you lose as rates climb 🏠 Why Dan is telling clients under contract to lock in now⏱️ CHAPTERS 00:00 Mortgage Rate Forecast: Why This Week Isn't Good News 01:35 Fed Meeting in 8 Days: What This Week's Data Decides 04:20 Dan's Inflation Forecast vs Wall Street: PPI and CPI Preview 07:45 What Rising Rates Do to Your Payment and Buying Power 11:00 Oil Near $100 a Barrel: What It Means for Your Mortgage Rate🏠 APPLY NOW — One Application, One Credit Pull, 30+ Lenders Compared https://257781.my1003app.com/246527/register📅 REQUEST A FREE CONSULTATION https://go.oncehub.com/solvitmortgagealan🔍 FREE LE REVIEW — Already have a quote? Send me your Loan Estimate and I'll compare it against 30+ lenders https://www.therateupdate.com/loan-estimate-review📉 JOIN RATE WATCH — FREE Rate Monitoring https://rw2.therateupdate.com/Welcome to The Rate Update with Dan Frio.This channel helps homebuyers, homeowners, real estate professionals, and anyone watching the housing market understand what is really happening with mortgage rates, housing, inflation, the bond market, the Federal Reserve, and the economy.Here we break down the stories that impact your mortgage payment, your buying power, your refinance options, and your financial decisions.WHAT YOU'LL FIND ON THIS CHANNEL 🏠 Daily mortgage rate updates 📉 Housing market news and home price trends 📊 Inflation, CPI, and Federal Reserve analysis 📈 10-Year Treasury and mortgage bond movement 💰 Refinance and debt consolidation opportunities 🏡 First-time homebuyer education 🔁 Rate Watch mortgage monitoring tools 🧮 Mortgage calculators and payment toolsWHERE TO START🏡 Buying a home — FHA, VA, USDA, conventional, jumbo and down payment assistance https://www.therateupdate.com/first-time-home-buyer🔁 Refinancing or accessing equity — cash-out, FHA Streamline, VA IRRRL, HELOC and reverse https://www.therateupdate.com/homeowner-options🏢 Buying rentals — DSCR on 1 to 8 units, bank statement and no-income options https://www.therateupdate.com/investment-property-loans🎁 Down payment assistance — 3.5% to 5%, including grants you never repay https://www.therateupdate.com/down-payment-assistanceTOP RESOURCES📊 TRU Mortgage Command Center — Live Rate Dashboard https://command.therateupdate.com/💳 TRU Debt Optimizer https://debtrelief.therateupdate.com/🧮 Mortgage Calculators & Tools https://www.therateupdate.com/mortgage-calculators✉️ Ask Dan a Question https://www.therateupdate.com/contactFOLLOW THE RATE UPDATEYouTube: https://www.youtube.com/@TheRateUpdatewithDanFrio Instagram: https://instagram.com/therateupdate TikTok: https://tiktok.com/@therateupdateIf this helped you understand mortgage rates a little better, subscribe and turn on notifications so you catch the next update.DISCLAIMERDan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender 524 Main St, Hazard, KY 41701 NMLS Consumer Access: https://www.nmlsconsumeraccess.org/Dan Frio is a federally registered mortgage loan originator with PBT Bancorp. Mortgage products are originated by PBT Bancorp, NMLS #257781.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 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, or 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.