The Missing Link Between Fed Policy and Your Mortgage Rate

Mortgage rates are stuck above 6.5 percent even as the Fed holds its rate steady near 3.6 percent. In episode 17 of Mortgage Conversations with Fexingo, Lucas and Luna dig into why the Fed Funds rate and mortgage rates have decoupled — and what the actual drivers are. They walk through the role of the mortgage-backed securities market, the 'spread' that investors demand, and why bank balance sheets matter more than the Fed's latest decision. They also look at the latest builder data: housing starts fell to 1.465 million in April, but permits rose to 1.423 million — a sign that builders are betting on demand even if rates don't fall. If you've been waiting for the Fed to cut before shopping for a mortgage, this episode explains why that might be the wrong move. #MortgageRates #FedPolicy #HousingMarket #HomeLoans #RealEstate #MortgageBackedSecurities #InterestRates #Homebuying #Refinancing #EconomicIndicators #BuilderSentiment #HousingStarts #BuildingPermits #Spread #FexingoBusiness #BusinessPodcast #Finance #PersonalFinance Keep every episode free: buymeacoffee.com/fexingo