Fed’s Preferred Inflation Gauge Ticks Up as GDP Crashes — Mortgage Rates React

Today’s report delivered a mixed signal that markets don’t like: 📉 Economic growth just fell sharply 📈 Core PCE — the Fed’s preferred inflation gauge — moved higher That combination matters. When growth slows but inflation stays sticky, bond markets reprice fast. And when the 10-Year Treasury and MBS move… mortgage rates follow. In this episode, we break down: • What the GDP print actually means • Why Core PCE matters more than CPI • How the 10-Year Treasury reacted • What happened to mortgage-backed securities (MBS) • What this means for locking vs. floating We don’t speculate. We follow the data. If you’re buying, refinancing, or just tracking the market — this is the real-time breakdown you need. 🔔 Start Here 📈 RateWatch 2.0 — Get Notified When Rates Hit Your Target 👉 https://TheRateUpdate.com/ratewatch 📞 Free Strategy Call 👉 https://shorturl.at/SCIGL 📝 Apply — One App • One Credit Pull • 30+ Lenders 👉 https://257781.my1003app.com/246527/register 🧮 TRU Mortgage Calculator Toolkit (All Pro Tools in One Place) 👉 https://friodan.gumroad.com/l/aejabs • Home Affordability • Refinance & Debt Consolidation • Cost-of-Waiting™ • Break-Even & ROI Calculator 📲 Follow The Rate Update YouTube: https://www.youtube.com/@TheRateUpdatewithDanFrio Instagram: https://instagram.com/therateupdate TikTok: https://tiktok.com/@therateupdate Facebook: https://facebook.com/therateupdate LinkedIn: https://www.linkedin.com/in/danfrio ⚖️ Compliance Dan Frio | NMLS #246527 Equal Housing Lender | TRU Mortgage Team / PBT Bancorp | NMLS #257781 Educational purposes only. Not financial advice.