S2025 Ep259: Special Event LIVE: The Road to Housing Act, Iran Conflict & the Fed Week Ahead PART 3

Let's get to conclude this. The Fed is going to meet next week. They're not going to do anything.

Inflations higher than they want it to be. The jobs report is basically a coin flip, low higher, low fire.

Nobody's going to do anything into this. The market reaction today, I don't blame it.

Let's get over to see what the bond market is doing. It's still deteriorating. It's down nine.

I would assume the stocks are down. Oil is up. That's going to make stocks down.

It is a unscinderella store. Here's what's happening. People don't know what's going to happen.

There's a tweet on anything away from something. Now, I think we're in something with the Russia saying that they're in codes with whoever and whoever.

So this could get bad. So if I'm a trader, what am I doing? I'm selling and all this stuff.

So again, as you watch this thing, if you're in the markets, that's you're seeing a sell off.

And the VIX is up. That means anxiety levels on Wall Street are up.

Money is not going in the bond market because you have bond yields going up.

Okay, so that's what's getting even worse there. So everybody selling everything.

And let's go over to crypto. Let's just see if in how. So maybe money is flowing into that just for a quick safe haven.

So you don't have to move into cash. I'm not sure where those positions are going right now.

So that's my theme. Sorry for being me and like that. But it's like, I don't know.

Maybe sometimes you just say, I don't know. But make sure before you tell somebody, I don't know.

If they're asking you that question, you might want to think, why are they asking me that question?

They are. Maybe I should find out the answer because maybe some other people might have that.

We can open for them on. Did you like how I snuck that in here? What's going on?

These and the wise behind it. So that's our report for today, folks. Hopefully you learned a little bit about something.

But just for conclusions, I know I kind of prewrap this three times.

This housing bill. Is it a start? Yeah, but it's just going to be something. Say I voted for it.

I voted for it. See, I won good housing. Make sure you go to your local elections because that's really where all that starts.

So yeah, it's a bunch of smoke screens and I'll let you know how this financing piece comes through.

Join me every day over there because I talk about mortgage and interest rates.

So if they do come out with some financial products that help you, I love to share those with you.

So join us each day. But folks, my name is Dan Frio. I'm the host of the rate update.

I'm also a loan officer license in all 50 states as well as Puerto Rico.

If you need a mortgage, I'd love to help you. Our slogan here is one application, one credit pool.

We're going to compare your loan to over 30 different lenders. How?

We join me each Wednesday where I come in. I actually explained you guys how we do it behind the scenes.

But we're set up with over 30 lenders so we can compare your rates with those.

And also be able to use their rates and their programs.

So a little confused, please check out the rate update dot com.

And also check out our YouTube channel right down through there. We have over

7,500 videos. So hopefully there's something down there you like.

And oh, one last thing. I know I did it once again. We had those calculators folks.

If you need any financial calculators, I made these things.

I've done this like I said for so long.

I have subscriptions to all these websites and they're all just crap.

So if you really want to dissect these, download them.

Let's get some comments. You're like, hey, Dan, you can improve this by this.

Let me know. Be happy to update those and provide them to all of you guys out there for free.

So thanks for watching. God bless. Have a fantastic weekend. I got some videos coming out this weekend.

So check those out. Otherwise, be safe. Be warm.

And I'll see you Monday and explain to you guys.