01/20/2026
Stocks were down today. Mortgage rates didn’t drop.
That surprises a lot of people.
Mortgage rates don’t follow the stock market. They follow the bond market. When bonds sell off and yields rise, rates can move higher or become more volatile even on red market days.
This is why watching stock headlines alone can be misleading if you are buying or refinancing a home.
Especially here in Florida, where insurance and total monthly payment already matter, volatility can change real decisions quickly.
Bottom line: mortgage strategy beats market noise.
I broke this down in plain English here 👇
Stocks fell today but mortgage rates did not. Learn how bond markets, the 10 year Treasury, and volatility actually affect mortgage rates for Florida buyers.