S2025 Ep313: The Rate Update —Mortgage Rates About to Spike? Here's What's Coming

About this episode

Dan Frio discusses the current state of mortgage rates and the impact of the Federal Reserve's decisions on homebuyers and homeowners.

Mortgage rates are not getting much help from the Federal Reserve right now. This week, the Fed held rates steady again — and with inflation coming in around 3.5% while the Fed’s long-term target is still 2%, the message is pretty clear: Rate cuts are not likely coming soon. So what does that mean for homebuyers, homeowners, and anyone waiting for mortgage rates to drop? In this video, I break down what happened this week, why inflation matters so much to mortgage rates, why the Fed is staying patient, and why mortgage rates may stay higher or flatter for a while. More importantly, we’ll talk about what you should actually do next — whether you’re buying a home, thinking about refinancing, or just trying to understand when rates may finally improve. No hype. No panic. Just real data and practical advice. CHAPTERS 00:00 Mortgage rates and the big question this week 00:35 The Federal Reserve holds rates steady 01:20 Why inflation at 3.5% changes the outlook 02:10 The Fed wants 2% inflation — and we are not there yet 03:00 Why rate cuts are unlikely right now 03:55 What this means for mortgage rates 04:45 Could rates stay flat for a while? 05:35 What homebuyers should do next 06:25…

People in this episode

Host: Dan Frio

Topics covered

• mortgage rates
• Federal Reserve
• inflation
• homebuying
• refinancing
• financial advice

Keywords

• mortgage rates
• Federal Reserve
• inflation
• homebuyers
• refinancing
• financial advice

Mentioned in this episode

Organizations: Federal Reserve

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

• Mortgage Rates About to Explode? Trump Strikes Iran · June 11, 2026 · 11 min
• If you’ve been waiting for the right moment to buy a home or finally refinance that mortgage, I have some news today—and unfortunately, it’s a reality check. We just got the latest inflation numbers, and consumer prices have surged to 4.2%. That is more t · June 10, 2026 · 18 min
• Why Are Mortgage Rates So High? Watch These Numbers This Week · June 8, 2026 · 21 min
• Mortgage Rates SURGE After Blowout Jobs Report — Bad News for Homebuyers · June 5, 2026 · 19 min
• My Homeownership Dream Just Blew Up… Or Did It? · June 4, 2026 · 36 min
• Homebuyers Losing Hope for Lower Mortgage Rates After Today’s Jobs Report? · June 3, 2026 · 30 min