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The Federal Reserve just cut rates but unlike every other rate cut over the last two years, mortgage rates actually moved lower this time. So what changed? In this week’s market update, I’ll break down: Why mortgage rates went up after previous Fed cuts in 2024 and 2025 What the bond market saw differently this time How the Fed’s messaging and balance-sheet actions shifted market expectations What falling mortgage rates really mean for buyers, homeowners, and refinances What to watch next if you’re trying to time a move, lock a rate, or advise clients If you’ve been confused by headlines saying “the Fed cut rates” but your mortgage quote didn’t improve, this update will make it make sense. Just clarity on what’s actually driving mortgage rates right now. Together we achieve homeownership. ---- Contact me: 📞855-626-5464 📧kingteam@johnloanking.com Resources: 🌐 Visit my website: https://www.johnloanking.info/ 📅 Schedule a call with me: https://calendly.com/johnloanking