The Federal Reserve's interest rate decision is imminent, and the market is closely monitoring its implications for long-term interest rates According to BlockBeats, on December 11th, mortgage interest rates have recently fallen, but the trend is not stable. The Federal Reserve does not directly control mortgage rates through the federal funds rate. The mainstream 30-year mortgage rate typically follows changes in the 10-year Treasury yield, which is influenced by market expectations for future economic trends and monetary policy. This means that mortgage rates may sometimes be out of sync with the Federal Reserve's decision to cut interest rates or maintain short-term interest rates unchanged. For example, when the Federal Reserve cut interest rates in September, there was uncertainty in the market about whether to continue cutting rates in the future, which actually pushed up mortgage rates. This meeting may not repeat the similar situation, but its results may still disturb the yield of 10-year treasury bond bonds and indirectly transmit to the mortgage interest rate. Both investors, potential homebuyers, and homeowners are highly concerned about mortgage interest rates. But the impact of current changes in mortgage interest rates on the overall housing market may not be as crucial as in the coming months. Part of the reason is that it is currently the year-end holiday, and homebuyers usually focus more on purchasing gifts rather than buying real estate. The seasonal off-season in the housing market usually lasts throughout the holiday season and gradually recovers at the beginning of the new year. (Golden Ten)