{"type":"rich","version":"1.0","title":"Mortgage Rates Get GOOD NEWS: Could Your Payment Drop?","description":"Mortgage rates today: inflation came in cooler than expected, and that's good news for homebuyers and homeowners watching the bond market. PCE, the Federal Reserve's preferred inflation gauge, held at 3.4% when the market expected 3.7%. In this update I break down what that means for mortgage rates and what's most likely to happen over the next few weeks.\n\n🏠 PCE inflation came in at 3.4% instead of 3.7%, and core PCE landed at 3.0%\n 📉 The Fed is now 55% likely to pause at the next meeting instead of hiking\n 📊 Jobs and GDP beat expectations: ADP payrolls at 90K vs 73K expected, GDP at 2.2% vs 1.5%\n 🔒 What I'd do if you have a house under contract right now\n 📈 The mortgage bond is up 19 ticks, so rates should ease a little today\n\nGet the daily headlines and rate analysis on the blog: https://www.therateupdate.com/blog\n\nCHAPTERS\n 0:00 Inflation Comes in Cooler Than Expected\n 1:30 How to Read the Mortgage Bond\n 3:00 Jobs, PCE and GDP Numbers Explained\n 6:00 Fed Odds and What I'd Do Now\n 8:00 Free Tools and the Bond Market Check\n\n🏠 APPLY NOW: One Application, One Credit Pull, 30+ Lenders Compared\n https://257781.my1003app.com/246527/register\n\n📅 REQUEST A FREE CONSULTATION\n https://go.oncehub.com/solvitmortgagealan\n\n✉️ ASK DAN A QUESTION\n https://www.therateupdate.com/contact\n\n🔍 FREE LE REVIEW: Already have a quote? Send me your Loan Estimate and I'll compare it against 30+ lenders\n https://www.therateupdate.com/loan-estimate-review\n\n📉 JOIN RATE WATCH: FREE Rate Monitoring\n https://rw2.therateupdate.com/\n\nWHERE TO START\n\n🏡 Buying a home: FHA, VA, USDA, conventional, jumbo and down payment assistance\n https://www.therateupdate.com/first-time-home-buyer\n\n🔁 Refinancing or accessing equity: cash-out, FHA Streamline, VA IRRRL, HELOC and reverse\n https://www.therateupdate.com/homeowner-options\n\n🏢 Buying rentals: DSCR on 1 to 8 units, bank statement and no-income options\n https://www.therateupdate.com/investment-property-loans\n\n🎁 Down payment assistance: 3.5% to 5%, including grants you never repay\n https://www.therateupdate.com/down-payment-assistance\n\nTOP RESOURCES\n\n📊 TRU Mortgage Command Center: Live Rate Dashboard\n https://command.therateupdate.com/\n\n💳 TRU Debt Optimizer\n https://debtrelief.therateupdate.com/\n\n🧮 Mortgage Calculators & Tools\n https://www.therateupdate.com/mortgage-calculators\n\nFOLLOW THE RATE UPDATE\n\nYouTube: https://www.youtube.com/@TheRateUpdatewithDanFrio\n Instagram: https://instagram.com/therateupdate\n TikTok: https://tiktok.com/@therateupdate\n\nIf this helped you understand mortgage rates a little better, subscribe and turn on notifications so you catch the next update.\n\nDISCLAIMER\n\nDan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender\n 524 Main St, Hazard, KY 41701\n NMLS Consumer Access: https://www.nmlsconsumeraccess.org/\n\nDan Frio is a federally registered mortgage loan originator with PBT Bancorp. Mortgage products are originated by PBT Bancorp, NMLS #257781.\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 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, or 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 #Inflation #FederalReserve #HousingMarket #Homebuyers #Realtors","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/43861828/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":"<iframe width=\"100%\" height=\"95\" src=\"https://embeds.audioboom.com/posts/8958872/embed?v=202301\" style=\"background-color: transparent; display: block; padding: 0; width: 100%\" frameborder=\"0\" allowtransparency=\"allowtransparency\" scrolling=\"no\" title=\"Audioboom player\" allow=\"autoplay\" sandbox=\"allow-downloads allow-forms allow-popups allow-same-origin allow-scripts allow-storage-access-by-user-activation allow-top-navigation-by-user-activation\"></iframe>"}