{"id":712030,"date":"2026-06-18T19:10:09","date_gmt":"2026-06-18T19:10:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/712030\/"},"modified":"2026-06-18T19:10:09","modified_gmt":"2026-06-18T19:10:09","slug":"mortgage-rates-stage-decent-recovery-of-post-fed-losses","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/712030\/","title":{"rendered":"Mortgage Rates Stage Decent Recovery of Post-Fed Losses"},"content":{"rendered":"<p><a href=\"https:\/\/www.mortgagenewsdaily.com\/mortgage-rates\" rel=\"nofollow noopener\" target=\"_blank\">Mortgage rates<\/a> spiked yesterday after the Fed announcement. The primary driver was the Fed&#8217;s revised outlook for potential rate hikes later this year. Because the Fed Funds Rate governs ultra-short-term transactions (24hrs or less), it has the biggest impact on the shortest-term debt and a diminishing impact on longer term debt.<\/p>\n<p>While the typical mortgage may be ABLE to last for 30 years, in practice, the average mortgage length (due to refinances and sales) is a moving target assumed to be around 5 years. That&#8217;s helping us today.\u00a0<\/p>\n<p>Shorter-term debt is still having some indigestion over Fed day, but longer-term debt has recovered more of yesterday&#8217;s losses. Top tier 30yr fixed rates are about halfway back to yesterday&#8217;s pre-Fed levels for the average mortgage lender and in the lower-middle of the range seen since mid-May.<\/p>\n","protected":false},"excerpt":{"rendered":"Mortgage rates spiked yesterday after the Fed announcement. The primary driver was the Fed&#8217;s revised outlook for potential&hellip;\n","protected":false},"author":2,"featured_media":712031,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-712030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/712030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=712030"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/712030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/712031"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=712030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=712030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=712030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}