The 6.55% Affordability Wall: The 15-Month Housing Freeze the Fed Can't Fix

The 6.55% Affordability Wall: The 15-Month Housing Freeze the Fed Can't Fix

July 20, 2026 · 7 min

About this episode

Mark Malek discusses the factors driving mortgage rates beyond the Federal Reserve's actions.

Everyone blames the Federal Reserve for high mortgage rates—but that's not what's happening. Mortgage rates just climbed back to 6.6%, even though the Fed didn't raise rates at all. In this episode of Wall Street Truthbombs, Mark Malek explains the hidden force actually driving mortgage rates: exploding government borrowing, Treasury yields, and the growing federal deficit. You'll learn: • Why mortgage rates follow the 10-year Treasury—not the Fed Funds Rate • How nearly $10 trillion in Tr...

More episodes of Wall Street Truthbombs Podcast

Explore listener stats, chart rankings, contacts and more on the Wall Street Truthbombs Podcast podcast page.