Why Mortgage Rates Jump When the Fed Cuts Rates

On this episode of Brick buy Brick, realtor Kim Von Dohren and banker Ed Marko explain why mortgage rates can rise even after the Federal Reserve lowers its overnight rate. They clarify that mortgage rates track the bond market and Treasury yields, so market uncertainty can push investors into bonds and raise mortgage costs. Key takeaways: short-term spikes often follow Fed actions or talk, watch Treasury yields instead of headlines, and consider locking a mortgage for certainty if you don’t want to gamble on future rate moves.