Inflation is cooling – and that’s a good sign for mortgage rates.
Once the rate of inflation reaches the Fed’s target of 2%, they may lower the Federal Funds Rate. When they do, mortgage rates are likely to respond.
But this isn’t the only factor at play. For the latest updates on what’s happening, follow me.
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Buyers • Infographics • Sellers •
July 25, 2024
Inflation Is Trending Down
by Bob DeVore