Mortgage bonds are holding steady as markets digest Federal Reserve headlines, a key CPI report ahead, and new housing inventory data. Here is what today’s data means for rates, inflation, and home values.
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"Markets Cautious Ahead of CPI Inflation Report"
This blog post is intended for informational purposes only. It does not constitute financial advice, an offer to extend credit, or a commitment to lend. Mortgage rates, program guidelines, and qualification requirements can change at any time and may vary based on credit, income, assets, location, and property type. Always consult with a licensed mortgage broker to review your personal situation and available options.
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Mortgage bonds rise as rent inflation cools and jobless claims stay low. This trend suggests easing inflation pressures in the housing market.
Lower mortgage rates are driving home sales and boosting buyer activity. As inventory tightens, the housing market shows signs of recovery and price stability.
Mortgage rates are slightly higher following the CPI report, which showed inflation in line with expectations. Housing demand is improving modestly.
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