Mortgage Rates Could Move TODAY—Should You Buy a Home or Wait?

Mortgage rates today are moving as Federal Reserve Chairman Kevin Warsh speaks live from Jackson Hole. In this episode I explain what Jackson Hole is, why Warsh's comments move mortgage rates, and what this week's inflation, jobs, and GDP data mean for homebuyers, homeowners, and realtors.

In this episode:

- What Jackson Hole is and why Fed Chairman Kevin Warsh's speech can move your mortgage rate today

- This week's data recap: consumer confidence, new home sales, PCE inflation, the GDP revision, and jobless claims

- Why oil prices and the Iran conflict are directly tied to mortgage rate swings

- What's coming next week: JOLTS job openings, ADP payrolls, jobless claims, and the government jobs report

- Fed meeting odds for the next meeting in 19 days, plus the rate forecast into next year

- The two things I'm telling homebuyers and realtors to watch right now

More rate breakdowns and housing market updates on the blog: https://solvitmortgage.com/resources

CHAPTERS

0:00 What Is Jackson Hole and Why It Moves Mortgage Rates

1:13 Today's Rate Chart and Market Snapshot