First Fed Hike in 3 Years, and It's Not the Last...
September 18, 2026 2:25Dan Ardis, NMLS# 1412272
The Fed raised rates 25 basis points this week, its first hike in three years, and the vote was unanimous. But the bigger story might be what came after the decision, when a hawkish press conference sent bond yields sharply higher in a matter of minutes.
The takeaway: don't wait on rate relief that isn't guaranteed to show up. If your numbers work now, that's worth more than a bet on the next Fed meeting.
The Federal Reserve just hiked interest rates, and the impact on mortgage rates is immediate. I break down why waiting for relief might be a mistake and how these policy shifts affect your home buying power. If your numbers work today, betting on future market changes is a gamble you don't need to take.
Key Points from This Video
- - What the Fed's rate hike actually means for mortgage rates (they're not the same thing)
- - Why 16 of 18 Fed officials expect another hike before year end
- - Payment math on a $400,000 loan if rates move another quarter point
- - Pending home sales, retail sales, jobless claims, and new construction data
- - Why bonds reversed course mid-afternoon after Fed official Warsh's comments
Dan Ardis is a Bakersfield-based mortgage broker with 20+ years in the industry, including experience as a Senior Specialty Underwriter. He originates residential and commercial loans for Kern County clients and in 49 states through Barrett Financial Group.
More Videos from Dan
Why you should ask for a rate buydown
Why 7% mortgage rates aren't the end of the world
The hidden leverage you have as a buyer right now
Why Your Mortgage Payment Depends On This Report
Why You Shouldn't Wait For A Housing Crash
Everyone Is Waiting for Rates to Drop... But What If They Don't?
Questions After Watching?
Dan answers mortgage questions for Bakersfield buyers and investors. Call (661) 342-9381 or get pre-approved online.