Will mortgage rates come down this year? There are many factors that affect mortgage rates including the FED funds rate and inflation numbers. There is a CPI reading (consumer rate index) on May 10th which will tell us the new inflation numbers. This inflation number will affect whether rates increase or decrease. Find out what I think will happen to mortgage interest rates in today’s video!
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Timestamps: Intro (0:00) Next FED Meeting (1:14) Inflation Affects Mortgage Rates! (1:41) Important Industry Dates (6:40)
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