01/09/2026
📉 Mortgage rates don’t move on vibes — they move on bond market mechanics.
When mortgage bonds are purchased:
Demand goes up → yields go down → mortgage rates follow.
We’ve seen this playbook before.
In 2020–2022, bond purchases were in the trillions, which is why rates fell so dramatically.
This doesn’t mean we’re headed back to 2–3% rates, but it does explain how even smaller-scale bond buying can:
✔️ Improve affordability
✔️ Bring buyers back into the market
✔️ Reopen refinance opportunities for homeowners
Comment “RATE” if you want to see how a small drop would impact your payment 👇
Jessica Eiroa, NMLS 1380149/1756744, Five Star Mortgage
702.285.0633