Mortgage Rates Could Be About to Move!

Core inflation just fell to 2.5% year over year, its lowest level in more than five years. In this week's update I break down what the July inflation data means for mortgage rates, what the Fed is watching, and where buyers actually have leverage right now.

What I cover:

July consumer prices rose 0.1% for the month, with annual inflation slowing to 3.4% Core inflation dropped to 2.5%, the lowest in over five years Wholesale prices came in more subdued than expected Retail sales fell 0.6% in July, below expectations New unemployment claims at 209,000, continuing claims elevated at 1.78 million Existing home sales declined for a second straight month Cotality Home Price Insights: prices up 0.3% May to June and 1.2% year over year Prices up 1.7% over the past four months, an annualized pace near 5.1% Real payment math on what a half percent rate difference costs you Why seller-paid rate buydowns and closing cost credits are back on the table

Core inflation is hitting a five-year low. See how falling fed interest rates could lower your monthly mortgage payments today.

This video explains how the recent shift in core inflation metrics signals a potential change in policy from the Federal Reserve. If you are currently shopping for a home or considering refinancing, understanding how these macroeconomic trends influence mortgage rates is essential for your financial planning. We break down the connection between monetary policy and the cost of borrowing so you can make informed decisions in the current housing market update.

We illustrate the real-world impact using a $400,000 loan example. By analyzing these potential rate adjustments, you can see how even a small percentage drop translates into hundreds of dollars in savings on your monthly mortgage payments. This analysis is designed for homeowners and buyers who need to understand how the broader economy affects their personal bottom line.

Comment below on whether you think rates will continue to drop through the end of the year.