The Rate Update With Dan Frio

06/04/2026

Former Fed chairman acknowledged that oil was a significant driver of inflation. Monitoring economic news helps us understand these factors better.

06/04/2026

Mortgage rates are influenced by inflation. The Federal Reserve targets 2% inflation, but current CPI and PCE are at 3.8%. Producer Price Index (PPI) is even higher at 6%, indicating future cost increases for consumers.

06/03/2026

When the current geopolitical situation resolves, oil prices are expected to drop. This creates a limited window to lock in mortgage rates before they begin to rise again. Expect rates to ease slightly lower than current levels and then stabilize.

06/03/2026

The bond price is down 24 ticks, signaling a negative trend. Red indicates bad news, and a larger number means worse rates. Yesterday's rate was 6.57%. Today's ADP jobs report exceeded expectations, presenting a mixed picture for the Federal Reserve.

06/03/2026

https://www.therateupdate.com/blog/new-home-sales-plunge-11crash-coming

** Discover the implications of the 11% drop in new home sales and what it means for your mortgage options.

06/03/2026

Current indicators suggest mortgage rates are on the rise, potentially hitting above 6.6%. This forecast is closely tracking predictions made earlier. We'll be watching oil prices and inflation numbers closely.

06/03/2026

A look at the mortgage bond market reveals today's rates are not looking good. A significant drop in bond prices means higher rates for homeowners and buyers. Here's what you need to know.

06/03/2026

Today's jobs numbers came in stronger than expected, with wage growth soaring. If you're on the Federal Reserve, would you be cutting rates now? Mortgage rates are starting the day at 6.57%, back in the six-and-a-half range. What's next?

06/03/2026

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Today’s show is all about homebuyers, mortgage rates, and whether hope for lower rates is fading after a hotter jobs report.

ADP private payrolls came in stronger than expected, Treasury yields are edging higher, oil remains a major inflation risk because of the Iran conflict, and mortgage rates may not get relief anytime soon.

We’ll break down what today’s jobs data means for the bond market, why strong employment can actually be bad news for mortgage rates, and what homebuyers should do now: buy, wait, lock, or keep watching.

06/03/2026

Join us today live at 9 a.m. CT.

Homebuyers Losing Hope for Lower Mortgage Rates After Today’s Jobs Report?

We’re breaking down today’s jobs data, Treasury yields, oil prices, Iran tensions, and what it all means for mortgage rates and homebuyers trying to decide whether to buy now or wait.

Watch live here:

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