{"type":"rich","version":"1.0","title":"Your Rate Won't Move Tomorrow... Unless THIS Happens","description":"Mortgage rates are holding steady heading into tomorrow's Federal Reserve meeting, but oil sitting at $80 a barrel could change everything fast. Today I break down the jobs report, cooling inflation data, and why home prices are up 1.6% year over year despite the crash predictions.\n\nThere's a 70% chance the Fed does nothing at tomorrow's meeting, but that's not the full story. Between a softening ADP jobs report, inflation numbers coming in cooler than expected, and oil prices tied directly to the ongoing conflict overseas, there's a lot moving underneath the surface that could shift your rate in either direction. Here's exactly what I'm watching and what I'm telling my own clients to do right now.\n\nšŸ“Š What we're tracking today:\n\nFederal Reserve meets tomorrow, federal funds rate currently at 3.75%\n70% chance of no rate change at this meeting, with hikes possibly on the table by end of year\nADP jobs report shows job creation slowing to roughly 60,000 a month, below the 100,000 needed to stay neutral\nCore CPI and PPI inflation both came in cooler than expected two weeks ago\nOil prices sitting at $80 a barrel, up from $60 before the war started, directly pressuring inflation and rates\nHome prices up 1.6% year over year (Case-Shiller), beating the 1.2% forecast\nMortgage rates up 14 ticks recently and holding steady for now\n\nRead the full rate breakdown on my blog: https://www.therateupdate.com/blog/mortgage-rates-flat-at-680-ahead-of-critical-fed-vote\n\nā±ļø Chapters (estimated, please verify against footage): 0:00 ā€“ Intro: What's Coming Tomorrow From the Fed 1:35 ā€“ Today's Jobs Report and Inflation Check 3:20 ā€“ Oil at $80 a Barrel and Why the Fed Is Watching 5:15 ā€“ Home Prices Up 1.6%? The Crash Crowd Reacts 7:10 ā€“ Fed Meeting Tomorrow and What I'm Telling My Clients\n\nšŸ  Ready to Buy or Refinance? Get Pre-Approved https://257781.my1003app.com/246527/register\n\nšŸ“… Want to Talk Through Your Options? Schedule a Consultation https://calendly.com/d/cq29-7xd-x3v/the-frio-team?month=2025-05\n\nāœ‰ļø Have Questions? Contact / Ask Dan https://www.therateupdate.com/contact\n\nTOP RESOURCES\n\nšŸ“‰ Track Mortgage Rates Automatically https://rw2.therateupdate.com/\n\nšŸ  TRU Mortgage Command Center https://command.therateupdate.com/\n\nšŸ’³ TRU Debt Optimizer https://debtrelief.therateupdate.com/\n\nšŸ§® Mortgage Calculators & Tools https://stan.store/TRU-Foundations\n\nFOLLOW THE RATE UPDATE\n\nYouTube: https://www.youtube.com/@TheRateUpdatewithDanFrio Instagram: https://instagram.com/therateupdate TikTok: https://tiktok.com/@therateupdate\n\nDISCLAIMER\n\nI am a licensed mortgage loan officer in all 50 states and Puerto Rico. NMLS #246527 | TRU Mortgage Team / PBT Bancorp NMLS #257781 | Equal Housing Lender.\n\nThis channel is for education and commentary only. Topics may include mortgage rates, real estate, housing, stocks, bonds, cryptocurrency, inflation, the Federal Reserve, and financial markets.\n\nAll opinions are my own and do not represent PBT Bancorp, TRU Mortgage Team, or any financial institution I may be employed by or affiliated with.\n\nNothing on this channel is an offer to lend, a commitment to lend, financial, legal, tax, or investment advice. Mortgage rates, terms, approvals, and programs are subject to borrower qualifications, market conditions, underwriting approval, and change without notice. Not all borrowers will qualify.\n\n#MortgageRates #FederalReserve #HousingMarket","author_name":"Mortgage Rates Today | Housing Market & Fed News ā€“ The Rate Update with Dan Frio","author_url":"https://audioboom.com/channels/5005820-mortgage-rates-today-housing-market-fed-news-the-rate-update-with-dan-frio","provider_name":"Audioboom","provider_url":"https://audioboom.com","width":480,"height":95,"thumbnail_url":"https://audioboom.com/i/43763707/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":""}