The Rate Update —Mortgage Rates About to Spike? Here's What's Coming

Mortgage rates are not getting much help from the Federal Reserve right now.

This week, the Fed held rates steady again — and with inflation coming in around 3.5% while the Fed’s long-term target is still 2%, the message is pretty clear:

Rate cuts are not likely coming soon.

So what does that mean for homebuyers, homeowners, and anyone waiting for mortgage rates to drop?

In this video, I break down what happened this week, why inflation matters so much to mortgage rates, why the Fed is staying patient, and why mortgage rates may stay higher or flatter for a while.

More importantly, we’ll talk about what you should actually do next — whether you’re buying a home, thinking about refinancing, or just trying to understand when rates may finally improve.

No hype. No panic. Just real data and practical advice.

CHAPTERS
00:00 Mortgage rates and the big question this week
00:35 The Federal Reserve holds rates steady
01:20 Why inflation at 3.5% changes the outlook
02:10 The Fed wants 2% inflation — and we are not there yet
03:00 Why rate cuts are unlikely right now
03:55 What this means for mortgage rates
04:45 Could rates stay flat for a while?
05:35 What homebuyers should do next
06:25 What homeowners and refinancers should watch
07:15 Final takeaway: don’t wait without a plan

🔗 NEXT STEPS

🏠 Ready to Buy or Refinance? Get Pre-Approved  
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📅 Want to Talk Through Your Options? Schedule a Consultation  
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✉️ Have Questions? Contact / Ask Dan  
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TOP RESOURCES

📉 Track Mortgage Rates Automatically  
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🏠 TRU Mortgage Command Center  
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💳 TRU Debt Optimizer  
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🧮 Mortgage Calculators & Tools  
https://stan.store/TRU-Foundations

📊 Credit Monitoring — SmartCredit  
https://www.smartcredit.com/?PID=42980

📈 Free Credit Scores — Credit Karma  
https://www.creditkarma.com/lp/free-credit-scores-v12aff?adcopy=0&adcampaign=core_acq_awin

Welcome to The Rate Update with Dan Frio.

I break down mortgage rates, housing, inflation, Treasury yields, Federal Reserve policy, and the economic news that impacts homebuyers, homeowners, real estate professionals, and anyone watching the housing market.

My goal is simple: help you understand what’s happening, why it matters, and what you should do next.

Whether you’re buying your first home, refinancing your current mortgage, comparing lenders, or trying to understand where rates may go next, you’re in the right place.

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— DISCLAIMER —

Dan Frio is a licensed mortgage loan officer in all 50 states and Puerto Rico, NMLS #246527, with TRU Mortgage Team / PBT Bancorp, NMLS #257781, an Equal Housing Lender.

This channel and all content published by Dan Frio are provided for educational and informational purposes only. Nothing in this video, description, comments, calculators, tools, emails, websites, or linked content should be construed as an offer to lend, a commitment to lend, financial advice, legal advice, tax advice, or investment advice.

Mortgage approvals, loan terms, interest rates, down payment requirements, and program availability are subject to change without notice and depend on borrower qualifications, including but not limited to credit score, income, assets, employment, property type, occupancy, appraisal, title, underwriting approval, and current lending guidelines.

All opinions expressed are solely those of Dan Frio and do not necessarily reflect the views of PBT Bancorp, its affiliates, or any other institution.

Use of this channel, watching videos, commenting, messaging, scheduling a consultation, or submitting information does not create a client relationship. All examples, payment scenarios, savings illustrations, and mortgage comparisons are for demonstration purposes only and should be independently verified.

Not all borrowers will qualify. Equal Housing Lender.

TRU Mortgage Team / PBT Bancorp  
NMLS #257781  
Dan Frio NMLS #246527  
Equal Housing Lender