Mortgage rates just dropped to 5.99% — the lowest level in nearly three years.

HOME.COM Article
https://www.homes.com/news/daily-mortgage-rates-dip-to-5-99/1356105419/

But here’s the twist:

The Federal Reserve says no rate cuts are coming because inflation is still too high.

President Donald Trump is calling for rate cuts.

Inflation remains sticky.
Tariffs are creating uncertainty.
The Supreme Court just struck down major trade policy.
The jobs market is sending mixed signals.
Bond markets are reacting.

So how are mortgage rates falling without a Fed cut?

In this episode, we break down:
• Why mortgage rates follow the bond market — not the Fed Funds Rate
• What’s happening with the 10-Year Treasury
• How inflation expectations are driving mortgage pricing
• Whether 5.99% can last
• What this means for buyers, refinancers, and homeowners

This is the disconnect nobody is explaining clearly.

Every day, we pull real pricing from 30+ lenders and show you exactly what you qualify for — plus lock vs. float guidance tied to CPI, Jobs, MBS & the 10-Year Treasury.

Transparent. Data-driven. No hype.

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0:00 – Intro
0:45 – Key mortgage rate update
1:30 – Expert commentary
…

⚖️ Compliance

Dan Frio | NMLS #246527
Equal Housing Lender | TRU Mortgage Team / PBT Bancorp | NMLS #257781
Educational purposes only. Not financial advice.