The headlines might declare "Fed Cuts Rates!" but what does that actually mean for your mortgage? If you've been confused by seemingly contradictory financial news or wondering why mortgage rates sometimes move in the opposite direction from Federal Reserve announcements, this episode delivers the clarity you need.
Mortgage expert Brendon Bland returns to break down one of the most misunderstood aspects of home financing: the relationship between Fed funds rates and mortgage interest rates. With his signature straightforward approach, Brendan explains why mortgage rates actually dropped before the Fed's recent cut and then slightly increased afterward – a phenomenon that leaves many potential homebuyers scratching their heads.
We explore what truly drives mortgage rates (hint: it's not just Fed decisions) and why economic indicators like job reports and inflation data matter more to your home loan than headlines might suggest. For anyone considering buying or refinancing, Brendan offers practical advice about timing and explains why short-term rate predictions are nearly impossible even for experts.
The conversation shifts to the current real estate landscape in Central Ohio, where we're experiencing a fascinating transitional market. While inventory has increased, we're still firmly in seller's territory with continued price appreciation. We discuss how seller expectations need adjustment from the frenzied pandemic years and why today's buyers actually have more opportunities than they've had in five years.
Whether you're actively house-hunting, preparing to sell, or simply want to understand the financial forces shaping the housing market, this episode cuts through the noise to deliver actionable insights. Don't forget to check out our free First-Time Homebuyer Masterclass through the link in the episode description if you're ready to take your next steps with confidence.
To connect with Brendon:
Brendon Bland
614-747-3530
bbland@neighborhoodloans.com
https://www.instagram.com/mortgagemademodern/
https://www.facebook.com/brendon.bland
Sarah Thress
614-893-5885
First Time Home Buyer course: https://sarahthress.graphy.com/
Instagram https://www.instagram.com/sarah_thress_realtor/
Facebook https://www.facebook.com/SarahThressRealtor/
https://www.youtube.com/@LIFEINCOLUMBUS
