Why Mortgage Rates Are Ignoring the Fed's Rate Cuts

The Federal Reserve has held its benchmark rate at 3.63 percent since July, but 30-year mortgage rates are stuck near 6.65 percent. In this episode, Lucas and Luna unpack the disconnect, looking at how Treasury yields, the Fed's balance sheet, and the lock-in effect are keeping housing financing costs high even as policymakers signal patience. They discuss the surprising message in the latest housing starts and permits data, and what it means for buyers. Plus, they explore a fresh angle on the 'rate lock-in' phenomenon that goes beyond the usual seller-buyer story. If you've wondered why your mortgage quote doesn't budge when the Fed holds steady, this episode explains the mechanics. No jargon, just clear economics. #MortgageRates #FederalReserve #HousingMarket #RealEstateEconomics #TreasuryMarket #LockInEffect #HousingStarts #BuildingPermits #Homebuying #InterestRates #Economics #BusinessPodcast #FexingoBusiness #MarketWatch #HousingSupply #FedPolicy #RealEstateInvesting #MortgageSpread Keep every episode free: buymeacoffee.com/fexingo