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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

Subscribe to my free newsletter for the latest insights:https://bit.ly/47fIOgB Key update: The latest CPI report signals a shift towards lower inflation, positively impacting mortgage rates which are now at their lowest since mid-September. A cautious but hopeful outlook for the housing market. #MortgageRates #HousingMarket #InflationTrends #Newsletter

🏠📉 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

Subscribe to my free newsletter for the latest insights: https://bit.ly/47fIOgB Key update: The latest CPI report signals a shift towards lower inflation, positively impacting mortgage rates which are now at their lowest since mid-September. A cautious but hopeful outlook for the housing market. #MortgageRates #HousingMarket #InflationTrends #Newsletter

Mortgage rates held steady this week amid stable inflation reports, with the average 30-year fixed rate at 7.17%. Despite slight fluctuations, rates remain elevated compared to a year ago. Analysts anticipate rates to stay within a narrow range as economic indicators remain positive! Click the link for the full article. https://buff.ly/3VLrKfu #IronTitle #MortgageRates #TitleandEscrow

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

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 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.

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

Mortgage rates rose this week, as we saw inflation data come in higher with Consumer Price Index (CPI) coming in higher than market expectations. No matter the market, you can count on me to answer any mortgage-related questions. Rates as of 04/12/2024 and are always subject to change. #lockitwithlockett #primelending #homeloansmadesimple #simpleisbetter #mortgageconsultant #mortgagerates #marketnews #mortgagemarketnews #Rates #Homeownership