Mortgage Rates Today | Housing Market & Fed News – The Rate Update with Dan Frio

Watch the video: https://youtu.be/hoXLFgusWNQMortgage rates today: the 10-year Treasury topped 5% after President Trump said "we don't need a deal with Iran," putting the oil trade and mortgage rates back in play. In this episode I break down where rates start (about 7.30% on a 30-year), today's jobless claims, Friday's PPI and what the Fed is likely to do at its next meeting.CHAPTERS0:00 Breaking: Trump says no Iran deal, 10-year tops 5%0:06 Mortgage rates today: what changed this morning0:41 The Trump-Iran headline that hit the market1:06 MBS: the one number that moves mortgage rates1:40 Where mortgage rates start today (7.30%)2:20 What the Federal Reserve watches: PCE, jobs, GDP3:13 Jobless claims today: 200K initial, 1.697M continuing4:06 PPI preview: Friday's producer inflation report4:58 Fed meeting in 27 days: rate hike odds6:02 Why mortgage rates don't always follow the Fed6:40 What to watch if you're buying: oil7:35 Free tools: Rate Watch and today's refi rates8:25 MBS chart: the gap and what could fill it9:21 Realtors, buyers and homeowners: how I can helpUpdated for Thursday, Nov. 12: Mortgage rates are up about an eighth to a quarter point from earlier in the week after a hot CPI report and the Iran headlines. Initial jobless claims came in at 200K vs 194K expected, continuing claims improved to 1.697M, and producer inflation (PPI) is out Friday at 8:30 a.m. ET with a 0.4% forecast. If you're watching mortgage rates, watch oil and the MBS market.NEXT STEPS→ Book a free call: https://www.therateupdate.com/book-a-call→ Rate Watch (free rate alerts): https://www.therateupdate.com→ Free VantageScore check: https://creditscoresandmore.com/vantagescore-mortgage-score-free/→ Today's blog and charts: https://www.therateupdate.comMORE FROM THE RATE UPDATE→ Mortgage Rates Today (Opening & Closing Bell): https://www.youtube.com/@TheRateUpdateSHORTS→ Money Question Lab (money documentaries): https://www.youtube.com/@MoneyQuestionLab→ Instagram: @themortgageupdateOne application. One credit pull. 30+ lenders.#mortgagerates #mortgageratestoday #housingmarket #10yeartreasury #fedDan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender | 524 Main St, Hazard, KY 41701. Mortgage products are originated by PBT Bancorp, NMLS #257781.Dan Frio is a federally registered mortgage loan officer with PBT Bancorp. Mortgage assistance is available in the states and jurisdictions served by the bank. For general information only; not a commitment to lend or an offer of credit. Rates shown are third-party national averages, not PBT Bancorp rates. Rates, terms and programs are subject to change and depend on credit, property and other factors.

VA home loan benefits every veteran earned, explained in a Veterans Day special report: $0 down, no PMI, funding fee exemptions for disabled veterans, property tax breaks, the IRRRL and the hidden VA benefits most vets never use.Watch the full documentary on YouTube: youtu.be/KSo8tHTDXkAChapters0:00 June 6, 1944: what they sacrificed0:44 Tribute to Cpl. Dom Frio, U.S. Marine Corps1:30 Veterans, You EARNED These Benefits2:20 Why VA loans exist: the 1944 GI Bill3:35 Zero down and no PMI4:49 VA funding fee, rates and credit scores6:20 VA IRRRL and cash-out refinance7:32 Disabled veterans: $0 funding fee and property tax exemptions8:53 The hidden VA loan benefits10:02 You earned this: what to do next10:48 Thank you, DadDedicated to my father, Cpl. Domenic "Dom" Frio, U.S. Marine Corps, and to everyone who keeps us safe and our freedoms protected. Thank you for your service.Next stepsBook a free call with Dan: therateupdate.com/book-a-callFree VantageScore mortgage credit check: creditscoresandmore.comRate Watch, free refinance rate alerts: therateupdate.com/rate-watchFree Loan Estimate review: therateupdate.com/loan-estimate-reviewMore from The Rate UpdateWebsite: therateupdate.comDaily Mortgage Update Blog: therateupdate.com/blogYouTube: @TheRateUpdatewithDanFrioMortgage Rates Today: @TheRateUpdateSHORTSInstagram: @themortgageupdateThreads: @therateupdateDan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender | 524 Main St, Hazard, KY 41701. Mortgage products are originated by PBT Bancorp, NMLS #257781. Not a commitment to lend; eligibility, rates and terms vary.

Mortgage rates today jumped after a hot October CPI report, and Fed Governor Christopher Waller says a 50-basis-point hike should be considered in December. Here's what hot inflation and a possible half-point Fed hike could mean for your mortgage payment.Watch the full video: https://www.youtube.com/watch?v=eNQxFR-GP2IBook a call: https://www.therateupdate.com/book-a-callDan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender · 524 Main St, Hazard, KY 41701. Mortgage products are originated by PBT Bancorp, NMLS #257781.

Mortgage rates today held steady after a blowout 165,000-job report, and now it's inflation week. CPI comes out Tuesday and PPI on Friday. I break down why mortgage rates didn't rise after the jobs number, what the MBS market is telling us, how oil is driving inflation, and whether the Fed hikes again in December.Watch the full video: https://www.youtube.com/watch?v=UGaNdn_Qa54Book a call: https://www.therateupdate.com/book-a-callDan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender · 524 Main St, Hazard, KY 41701. Mortgage products are originated by PBT Bancorp, NMLS #257781.

Mortgage rates today after a surprise jobs report: the U.S. added 165,000 jobs in October (vs. about 59,000 expected) and the unemployment rate dropped to 4.1%. Here's what the jobs report means for mortgage rates, your monthly payment, and the Fed's December meeting.CHAPTERS0:00 Jobs report: unemployment drops to 4.1%0:36 This week: elections, record stocks, jobs report1:05 Why mortgage rates fell half a percent1:54 Democrats sweep House & Senate, stocks reverse2:16 10-year Treasury jumps on jobs report2:40 How to read the mortgage bond (MBS)3:07 What the Fed watches: inflation, jobs, GDP4:33 Week in review: PMI, JOLTS, ADP, jobless claims5:53 Jobs report: 165,000 jobs, unemployment 4.1%7:28 Fed rate hike odds for December8:56 Watch oil: the inflation driver10:52 Homeowners: Rate Watch & TRU Test12:39 Bond market today & weekend forecast13:22 Next week: CPI & PPI inflationUpdated for Friday, November 6 — The October jobs report came in far stronger than expected, and the unemployment rate slipped from 4.2% to 4.1%. A strong labor market is good for the economy, but it puts the focus back on inflation and oil, and that is what decides where mortgage rates go next. I break down the week day by day, show you the mortgage bond I watch every morning, and explain what the CME FedWatch odds now say about a December rate hike.NEXT STEPS→ Watch the full video with charts: https://youtu.be/9yKuPsSZZYY→ Read today's blog post with the charts: https://www.therateupdate.com/blog/mortgage-rates-today-165k-jobs-report→ Book a free call with Dan: https://www.therateupdate.com/book-a-call→ Free VantageScore mortgage credit check: https://creditscoresandmore.com/vantagescore-mortgage-score-free/→ Rate Watch (we track your rate and payment for you): https://www.therateupdate.com→ TRU Test — put your Loan Estimate to the test: https://www.therateupdate.com/loan-estimate-reviewWORK WITH MEOne application. One credit pull. We compare 30+ lenders.FOLLOWInstagram: @themortgageupdateNew shows every Monday (week ahead) and Friday (week in review).#mortgagerates #jobsreport #mortgageratestoday #housingmarket #unemploymentrateDan Frio | NMLS #246527 | PBT Bancorp | NMLS #257781 | Equal Housing Lender | 524 Main St, Hazard, KY 41701. Mortgage products are originated by PBT Bancorp, NMLS #257781.This video is for educational purposes only and is not a commitment to lend. Rates, programs and terms are subject to change and borrower qualification.