Leave your feedback Share Copy URL https://mypepack.gophersport.com/video/?vid=WVc668pdCm7 Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Mortgage Rates Could Hit 8% (And The Fed Cant Stop It) [uxwmLvQZTKs] Health Updated on August 07, 2026 EDT — Published on August 07, 2026 EDT The 30 year Treasury yield just hit its highest level since June 2007. Here's why that matters more to your mortgage payment than anything the Fed does. Most buyers are sitting on the sidelines waiting for a rate cut that won't move mortgage rates the way they think it will. The Fed sets short term policy. Mortgage rates price off the long end of the bond market. Two different levers. If yields keep running at this pace, 7.5% to 8% by year end is realistic. Dan MacKinnon, Local Life Homes. Serving the Gulf Coast from Clearwater to Punta Gorda. Chart via @kobeissiletter #mortgagerates #housingmarket #sarasotarealestate #realestate #bondmarket eA9CV0UL6rj NtQBgVJOXyW 6y7pl6XBhe8 ClfOLivBRm3 Z3xzmsQJSjc Ee1L0nrUb15
The 30 year Treasury yield just hit its highest level since June 2007. Here's why that matters more to your mortgage payment than anything the Fed does. Most buyers are sitting on the sidelines waiting for a rate cut that won't move mortgage rates the way they think it will. The Fed sets short term policy. Mortgage rates price off the long end of the bond market. Two different levers. If yields keep running at this pace, 7.5% to 8% by year end is realistic. Dan MacKinnon, Local Life Homes. Serving the Gulf Coast from Clearwater to Punta Gorda. Chart via @kobeissiletter #mortgagerates #housingmarket #sarasotarealestate #realestate #bondmarket eA9CV0UL6rj NtQBgVJOXyW 6y7pl6XBhe8 ClfOLivBRm3 Z3xzmsQJSjc Ee1L0nrUb15