About this episode
Today’s report delivered a mixed signal that markets don’t like:📉 Economic growth just fell sharply📈 Core PCE — the Fed’s preferred inflation gauge — moved higherThat combination matters.When growth slows but inflation stays sticky, bond markets reprice fast.And when the 10-Year Treasury and MBS move… mortgage rates follow.In this episode, we break down:• What the GDP print actually means• Why Core PCE matters more than CPI• How the 10-Year Treasury reacted• What happened to mortgage-backed securities (MBS)• What this means for locking vs. floatingWe don’t speculate.We follow the data.If you’re buying, refinancing, or just tracking the market — this is the real-time breakdown you need.🔔 Start Here📈 RateWatch 2.0 — Get Notified When Rates Hit Your Target👉 https://TheRateUpdate.com/ratewatch📞 Free Strategy Call👉 https://shorturl.at/SCIGL📝 Apply — One App • One Credit Pull • 30+ Lenders👉 https://257781.my1003app.com/246527/register🧮 TRU Mortgage Calculator Toolkit (All Pro Tools in One Place)👉 https://friodan.gumroad.com/l/aejabs• Home Affordability• Refinance & Debt Consolidation• Cost-of-Waiting™• Break-Even & ROI Calculator📲 Follow The Rate UpdateYouTube: https://www.youtube.com/@TheRateUpdatewithDanFrioInstagram: https://instagram.com/therateupdateTikTok: https://tiktok.com/@therateupdateFacebook: https://facebook.com/therateupdateLinkedIn: https://www.linkedin.com/in/danfrio⚖️ ComplianceDan Frio | NMLS #246527Equal Housing Lender | TRU Mortgage Team / PBT Bancorp | NMLS #257781Educational purposes only. Not financial advice.
