Mortgage Rates Just Got CPI Relief—but Will It Last?

Mortgage rates jumped to 7% this week after hot inflation data, and the Federal Reserve now has a 70% chance of raising rates at next week's meeting. I break down this week's CPI and PPI reports, what the bond market is doing right now, and why oil prices are the number to watch next.📊 This week's CPI and PPI inflation numbers, and where they missed (or hit) expectations 📈 Why the bond market moved the way it did, plus where it's sitting right now 🛢️ How oil, tariffs, and diesel prices near $6/gallon fed into this rate spike 🏦 Why there's a 70% chance the Fed hikes rates at next week's meeting 🔑 What I'm telling my own clients under contract right now: lock or float📝 Full breakdown on the blog: https://www.therateupdate.com/blog⏱️ CHAPTERS 0:00 Rates hit 7%: how we got here 1:45 This week's PPI and CPI numbers explained 4:15 Oil, tariffs, and the inflation chain reaction 6:45 Fed meeting outlook: 70% odds of a hike 8:45 My advice for buyers, realtors, and clients right now🏠 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.