Ep. #60 | Why Mortgage Rates Went Up After the Fed Cut Interest Rates

Описание: Published Nov. 4, 2025

In this solo episode of The Long Game, Ryan Richards unpacks one of the most confusing moments in the financial world: when the Federal Reserve cuts interest rates but mortgage rates still rise. If you’ve ever wondered why those two numbers don’t always move together, this episode breaks it all down in plain English.

Ryan explains the real difference between the Fed funds rate and mortgage rates, what drives the 10-year Treasury yield, and how investor sentiment, inflation expectations, and headlines can all move the mortgage market — sometimes in opposite directions.

What you’ll learn:

What the Fed funds rate actually is (and who it affects)
Why mortgage rates are tied to the 10-year Treasury yield, not the Fed
How investor behavior and inflation expectations influence mortgage rates
Why you shouldn’t try to “time” the market when buying a home
How to think long-term about affordability and refinancing opportunities
If you’ve been watching rate headlines and feeling confused about what they really mean for your mortgage, this episode will help you cut through the noise and focus on what actually matters for your financial plan.

Interested in connecting?

HOST
Ryan Richards | Branch Manager, Northpoint Mortgage | NMLS 1987735
[email protected] | www.financewithteamrichards.com
204 Turnpike Rd, Westborough, MA 01581
Licensed in MA, CT, FL, NC, NH, PA, RI
Follow us on Instagram @financewithteamrichards @the.longgamepodcast