--- title: "My primary concern is inflation: Fed’s Jeff Schmid pushes for higher rates as buyers choke on 6.69% mortgages. Turn the Fed’s move to your advantage" type: "News" locale: "en" url: "https://longbridge.com/en/news/295528100.md" description: "A $400,000 mortgage now costs $185/month more than in February. Here's how to benefit from elevated rates." datetime: "2026-08-11T11:18:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295528100.md) - [en](https://longbridge.com/en/news/295528100.md) - [zh-HK](https://longbridge.com/zh-HK/news/295528100.md) generator: "portal-rs" --- # My primary concern is inflation: Fed’s Jeff Schmid pushes for higher rates as buyers choke on 6.69% mortgages. Turn the Fed’s move to your advantage A $400,000 mortgage now costs $185/month more than in February. Here's how to benefit from elevated rates. ## Related News & Research - [Bond yields are climbing. Here’s what that means for mortgages and other consumer borrowing](https://longbridge.com/en/news/296255832.md) - [TABLE-Mortgage Bankers' Assn. Weekly Applications Survey](https://longbridge.com/en/news/296343546.md) - [Quilter says UK housing market remains vulnerable to external shocks despite June price gains](https://longbridge.com/en/news/296335924.md) - [Australian regulator finds mortgage fraud across major banks](https://longbridge.com/en/news/296313619.md) - [The Fed's July meeting minutes show a growing urgency to raise interest rates. Here's why I still think a 2026 rate hike is very unlikely](https://longbridge.com/en/news/296407196.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**