Mortgage Rate Winning Streak Ends, But Just Barely
By: Mortgage News Daily | Published: 2026-01-28 20:51:00 | Source: www.mortgagenewsdaily.com
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On some occasions, a rate announcement from the Federal Reserve (even one that results in no change to the Fed Funds Rate) can cause a huge move in mortgage rates. Today was not one of those days, but in its defense, it was never that likely to be.
In order for a Fed announcement to have a big impact, it has to surprise the market in some way. A rate cut (or absence thereof)…
