Mortgage Rates Slightly Drop After a Positive CPI Report
This week, mortgage rates saw a slight drop after a positive CPI report signaled easing inflation—a welcome boost for buyers aiming to maximize their purchase power.
These lower rates aren’t just good news for buyers. Even a small dip can save homeowners thousands through a refinance or by tapping into their home equity. At today’s levels, both buyers and homeowners are getting a rare window of opportunity—but it’s impossible to know how long it will last.
While this week’s CPI report fueled optimism, any future sign of rising inflation could reverse this momentum quickly.
What to Do:
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If you’re a buyer: Reach out to your dedicated Loan Officer to get pre-approved now.
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If you’re a homeowner: Have your Loan Officer calculate your potential savings and lock in today’s low rate.
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If you’re a real estate agent: Encourage your buyers to get pre-approved immediately so you can act fast when they find the right home.
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