10/29/2026
The Federal Reserve just announced its latest decision: no rate hike and no rate cut.
If you’ve been watching mortgage rates and hoping for some relief, you might be wondering what this means for the housing market.
The Fed is holding steady for now, but another rate hike could still be on the horizon. And while the Fed’s decisions influence mortgage rates, they don’t directly determine them. Inflation, economic conditions, and financial markets all play a role.
So, what actually drives mortgage rates, and how do the Fed’s decisions factor in?
We broke it down in a recent blog, Myth vs. Reality: Does the Fed Control Mortgage Rates? While some of the economic forecasts have changed, the fundamentals are still worth understanding.
Read the blog to learn more: https://na2.hubs.ly/H08JT1Z0