Trends Real Estate

Looking to buy, but waiting for mortgage rates to come down?

Instead of trying to time the market, focus on what you can control. Things like your credit score, your loan type, and your loan term can all have an impact on your rate.

Connect with me or a lender to find out more and go over your options.

While the Federal Reserve doesn’t set mortgage rates, rates can be influenced by the Fed’s monetary policy. And all eyes are on their next move.

One of the things they’re looking at is the direction of inflation.

Since inflation has come down over the past year and is holding pretty steady right now, odds look good that they’ll continue to cut the Federal Funds Rate. And that should set the stage for mortgage rates to follow in the months ahead.