478: Why Are Mortgage Interest Rates Going Higher?
Why aren’t mortgage rates dropping alongside interest rates? Last month, the Federal Reserve lowered interest rates, but mortgage rates actually went up. One key reason is that mortgage rates aren’t directly tied to those set by the Federal Reserve. Today, we’re taking a closer look at this and exploring why mortgage rates often move independently of the Fed’s rate changes. Episodes Mentioned: Ep. 475 Subscribe to the FREE Popcorn Finance Newsletter - PopcornFinance.com/Newsletter Want to submit a question to the show? Send an email to questions@popcornfinance.com Send me a message at PopcornFinance.com/Voicemail Call 707-200-8259 Connect with me Instagram | Twitter | Facebook | YouTube | TikTok Thank you for listening to today’s episode! Help support the show by leaving Popcorn Finance a rating or review on Apple or Spotify! Learn more about your ad choices. Visit megaphone.fm/adchoices