Does the Fed Control Mortgage Rates? What the September 2026 Hike Did to Arizona Rates

Published on: 09/17/2026

No. The Fed sets an overnight bank rate. Your mortgage is priced off the 10 year Treasury, which explains 98% of weekly rate moves. Here is what the September 2026 hike actually did. Pillar Mortgage Group, NMLS #2700076

Arizona Mortgage and Home Selling Guides

Straight answers on buying, refinancing, and selling a home in Scottsdale, Phoenix, and across Arizona, from Blake Hermann, Director of Lending at Pillar Mortgage Group (NMLS #2271358).

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