It’s hot outside, but inflation is cooling 💸 With the anticipation of a September rate cut, mortgage rates are ticking down 👉 bit.ly/3Wje632 #housingmarket #inflation #mortgagerates
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Mortgage Rates Move Up May 30, 2024 Following several weeks of decline, mortgage rates changed course this week. More hawkish commentary about inflation and tepid demand for longer-dated Treasury auctions caused market yields to rise across the board. This reality, as well as economic signals that have moved sideways over the last few weeks, have resulted in mortgage rates drifting higher as markets continue to dial back expectations of interest rate cuts. #mortgagerates #interestrates #economy #realestate
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Mortgage rates fell this week, as inflation came in right where the markets were expecting it to. No matter the market, you can count on me to answer any mortgage-related questions. Rates as of 08/16/2024 and are always subject to change. For licensing information, go to: https://lnkd.in/ghhqzwSb #Rates #Homeownership #PrimeLendingCalHI
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Mortgage rates are declining. And that may make you wonder if it’s time to jump back into the market. While they’re not going back to pandemic lows, experts say rates could continue to drop as long as inflation eases.
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Mortgage rates are declining. And that may make you wonder if it’s time to jump back into the market. While they’re not going back to pandemic lows, experts say rates could continue to drop as long as inflation eases.
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Mortgage rates jumped 🏡 Still unsettled by the very strong January jobs number, the bond market reacted violently to the "hot" CPI figure. Could this mean that the Fed won't start cutting rates until the second half of 2024? It certainly could. Fears of "higher for longer" interest rates helped send average 30-year mortgage rates back above 7% for the first time since mid-December 2023.
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🏠📉 Mortgage rates dipped below 7% last week for the first time since August. With inflation cooling and the Fed hinting at rate cuts next year, it looks like a thaw in the housing market is around the corner. Is 2024 your year to buy? Let's get ready for what's ahead! #njrealtor #mortgagerates #realestate
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Your Friendly Neighborhood Mortgage Lender! Serving 48 States. Ron Siegel Radio | Siegel Lending Team | (800) 306-1990 | NMLS #217037
📉 Mortgage rates bouncing between 6.10% and 6.50% 📊 With geopolitical tensions, manufacturing slowdowns, and inflation concerns, the housing market is more unpredictable than ever. Real estate pros: now's the time to stay sharp! 🏡 👉 Want to know if you should float or lock your mortgage rates? We've got the insights you need to guide your clients through these tricky times. Plus, learn what to expect from upcoming jobs data & CPI reports. Stay ahead of the curve with expert advice from #RonSiegelRadio. Click here for the full report! https://lnkd.in/ePu7yBnZ 🔗 #BorrowSmart #RealEstateTrends #MortgageRates2024 #HousingMarketTips
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Mortgage and Housing waiting for.... Inflation to move "sustainably towards 2.00%" "Higher for longer to be over" Mortgage rates to stabilize in the 6's Serious Note - It's getting old. We need inflation data and are not going to get any of it this week. So wait and see continues. Watch key levels as they prevented yields from improving. Have a great week. Tabrasa #inflation #fedpolicy #fiscalpoilicy #mortgageadvisor #mortgagemarketguide #creditunions #brokers #mortgagebanksing #housing #economy
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Wondering how the Fed's recent rate cuts affect the housing market? 🏡 While many expected mortgage rates to drop right away, they actually ticked up a bit! Remember, the Fed doesn’t directly control mortgage rates. Keep an eye on the economy over the next 12-16 months as rates could gradually decline. 📉 Stay informed and be ready! #RealEstate #MortgageRates #FedUpdate
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Mortgage Rates Surge Past 7% as Inflation Persists The U.S. housing market has been grappling with a series of challenges over the past year, and the latest development is a stark reminder of the ongoing economic headwinds. Mortgage rates have once again surged past the 7% mark. This sharp increase is largely attributed to the recently released inflation data, which indicates that inflationary pressures are far from subsiding. As a result, prospective homebuyers are facing a double whammy of elevated home prices and higher borrowing costs, further straining affordability in an already tight housing market. The information contained in this Higgins Capital communication is provided for information purposes and is not a solicitation or offer to buy or sell any securities or related financial instruments in any jurisdiction. Past performance does not guarantee future results. #mortgagerates #higginscapital #housingmarket #inflation #homeprices #realestate #homemortgage
Mortgage Rates Surge Past 7% as Inflation Persists
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