In this episode of "The Brutally Honest Loan Officers: The Unfiltered Mortgage Minds," Stephen and Derick demystify the Federal Reserve. They break down what exactly the Fed does, why they’re such a big deal, and how their decisions affect your mortgage rates. Spoiler alert: the Fed doesn't set mortgage rates directly, but their moves ripple across the economy. The big question everyone’s asking is, “When will they lower rates?” Tune in as Stephen and Derick offer brutally honest insights into what’s really driving the Fed's decisions and how you can plan ahead for when rates may finally drop. Whether you're a first-time homebuyer or thinking about refinancing, this episode will help you understand how the Fed influences your wallet.