Rates move daily — and small moves cost or save you real money.
Every week, our President and licensed mortgage broker Marcos Zambrano AKA Mr.Mortgage101, breaks down where mortgage rates are heading, what the Fed is signaling, and how today’s market affects buyers and homeowners across the country.
No jargon, no hype — just what the numbers actually mean for you.
Weekly Market Updates
Fed and economic analysis
Housing market analysis
Buyer strategy insights
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Latest programs, news and outlook on where mortgage rates are headed.
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Mortgage rates aren’t set by any single person or even directly by the Federal Reserve. They track the bond market — specifically mortgage-backed securities — which react in real time to inflation data, jobs reports, Fed policy signals, and global events.
When inflation runs hot or the economy looks strong, rates tend to rise. When the outlook cools, rates usually ease. That’s why a single report can move rates within hours, and why the number you saw last week may not be the number today.
In my videos, I explain exactly why rates are changing and what you should expect from well-priced mortgage lenders.
A rate chart tells you what happened. It doesn’t tell you what it means for your purchase or refinance.
Each weekly update translates the headlines — a Fed meeting, a CPI release, a shift in the 10-year Treasury — into plain buyer strategy: whether to lock, whether to float, and how to structure your loan around where rates are actually headed.
Through my videos, my goal is to make it as easy as possible for you to understand exactly what’s going on so that you can stay ahead and be able to save on your mortgage.
The advertised national average is not your rate. Your actual pricing depends on your credit profile, down payment, loan type, property, and how you structure points and terms.
As a broker, Andes Mortgage shops your scenario across 40+ lenders instead of quoting a single bank’s sheet — which is how borrowers find pricing they’d never see on their own.
If you want to know what you’d actually qualify for today, the fastest starting point is our Mortgage Match quiz, or compare current pricing on our today’s mortgage rates page.
That’s right. Here at Andes Mortgage, we provide industry-wide rates for purchase, refinancing and HELOCs.
Daily, and sometimes multiple times within the same day depending on economic news, geopolitical events or bond trading activity.
Rates follow the bond market, which trades in real time, so pricing can shift between the morning and afternoon. That’s why we post fresh market updates each week.
Primarily inflation, Federal Reserve policy, geopolitical events, which ultimately drives demand for bonds and mortgage-backed securities. Strong economic data and higher inflation tend to push rates up; signs of a cooling economy tend to bring them down.
Usually not. Online figures are national averages. Your real rate is personalized based on credit score, down payment, loan type, property, and occupancy. The only way to know your number is a personalized quote.
It’s impossible to forecast correctly where rates are headed in months or years. If you believe you are in a position to become a homeowner and it makes sense to you, beyond the rate, then don’t think about it too much. Ultimately, it’s your decision but rates are cyclical which means that you can always take advantage of refinancing down the road if / when rates drop.
Strengthen your credit, put more down when it makes sense, and compare lenders — don’t take the first quote. As a broker, we shop 40+ lenders for you. Start with Mortgage Match to see your options.
Locking your rate is when the lender secures your interest rate during your loan process. This helps you avoid changes in rates while you are under contract.
Take our free 45-second quiz and find the best loan for your unique situation. Click Mortgage Match and watch the magic happen!
