Why the Fed cut rates but mortgage rates went up [UrRlPPKNr9S]
The Fed meets June 16-17, 2026 — Kevin Warsh's first FOMC meeting as Chair. But here's what the headlines are missing: the Fed has already cut rates by 1.75 percentage points since September 2024, and mortgage rates are HIGHER today than the day they started cutting. On a $500,000 loan, that's about $222 MORE per month. Watch the full video on my channel where I break down what the Fed meeting on June 16-17 actually means for mortgage rates, why Wall Street just flipped from expecting cuts to expecting a HIKE (Goldman Sachs now sees ZERO cuts in 2026), what really controls your mortgage rate (hint: it's not the Fed funds rate), and the three myths costing homebuyers in Oregon, Washington, and Idaho the most money right now. #FedMeeting #FOMC #KevinWarsh #MortgageRates #InterestRates2026 #MortgageBroker #PortlandRealEstate #OregonMortgage #HomeBuying