Today’s report delivered a mixed signal that markets don’t like:

📉 Economic growth just fell sharply
📈 Core PCE — the Fed’s preferred inflation gauge — moved higher

That combination matters.

When growth slows but inflation stays sticky, bond markets reprice fast.
And when the 10-Year Treasury and MBS move… mortgage rates follow.

In this episode, we break down:

• What the GDP print actually means
• Why Core PCE matters more than CPI
• How the 10-Year Treasury reacted
• What happened to mortgage-backed securities (MBS)
• What this means for locking vs. floating

We don’t speculate.
We follow the data.

If you’re buying, refinancing, or just tracking the market — this is the real-time breakdown you need.

🔔 Start Here

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⚖️ Compliance

Dan Frio | NMLS #246527
Equal Housing Lender | TRU Mortgage Team / PBT Bancorp | NMLS #257781
Educational purposes only. Not financial advice.