Fed Keeps Rates Steady, Mortgage Rates Unchanged
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Federal Reserve maintained the federal funds rate, with mortgage rates influenced by market expectations and the ten-year Treasury yield. Recent rate increases were due to higher Treasury yields and Middle East tensions, not the Fed meeting. Powell hinted at a potential rate cut in 2026, but markets already priced this in. Expect mortgage rates to remain steady or slightly rise in the coming weeks, depending on Middle East developments and jobs data.
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