{"type":"rich","version":"1.0","title":"Mortgage Rates Are CLIMBING Toward 7%: Homebuyers, Here's Why","description":"Mortgage rates are climbing toward 7%, not the 5.99% many expected. I break down why: oil prices, global bond yields, AI debt, and the Fed's next move, plus what it means for your monthly payment.\n\n📉 Why falling bond prices mean rising mortgage rates\n 🛢️ Oil above $90 a barrel and why that's inflationary\n 🌍 Global bond yields from Australia to the UK to Japan, and how they pull on your rate\n 🤖 How AI companies issuing their own bonds are adding to the debt pushing rates up\n 🏦 The Fed meets in 15 days, with a 65% chance of another rate hike\n 💵 What this actually costs you: more per month on a $300K, $400K, or $500K home\n\nGet the full breakdown and charts on the blog: therateupdate.com/blog\n\n⏱️ Chapters\n 0:00 Intro: Why Rates Are Near 7% Instead of 5.99%\n 1:20 Bond Prices, Yields, and What Red Numbers Mean\n 3:15 Global Debt and the AI Bond Boom\n 6:00 What Rising Rates Do to Your Payment\n 8:00 Fed Meeting in 15 Days: What's Next\n\nWant to lock in before rates move again? Get pre-approved: command.therateupdate.com\n Book a free consultation with me: [Calendly link]\n Have questions? Reach out here: therateupdate.com/contact\n\n🔧 Resources mentioned in this video:\n RateWatch (track your rate and payment for free): rw2.therateupdate.com\n DIY Mortgage tool: command.therateupdate.com\n TRU Debt Optimizer: debtrelief.therateupdate.com\n\n📱 Follow me for daily rate updates: YouTube | Instagram | TikTok\n\nDan Frio NMLS #246527 | TRU Mortgage Team, PBT Bancorp NMLS #257781. Equal Housing Opportunity. This video is for informational purposes only and does not guarantee loan approval or specific rates.\n\n#MortgageRates #Homebuyers #Realtors #FederalReserve #TenYearTreasury #HousingMarket #RateWatch","author_name":"Mortgage Rates Today | Housing Market & Fed News – 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/43817496/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":""}