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Is the worst Inflation behind us now? Also, how to Lock, then shop for a home
The "big question" last week was, is the worst behind us? If so, then we've got a lot to look forward to and it might get here much more quickly than people realize. Put it this way, I wouldn't want to be too bearish right now. Neutral is as far as I'd go on that side of things. Buyers are not fully understanding what is happening. They believe that rates are continuing to go up when they have in fact been going down for a few weeks now. They also think that we're going to have a "crash" in real estate prices as if we can just go from Mania to Crash right away with only higher rates as the catalyst...there is much to teach here and I'll do my best to explain. Links below. Hope it helps!
SUBMIT YOUR SCENARIO - get a loan quote specific for you and fast! All I need is the following info…feel free to email or text:
- Loan amount
- Home Value (purchase price)
- Approx credit score
- Condo/Detached
- State property is in
I will get back to you ASAP! :)
Derrick Evens, Home Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com
619.952.2046
VA mortgage rates, FHA mortgage rates, Conventional mortgage rates, JUMBO mortgage rates today
LINKS:
https://www.cnbc.com/2022/05/25/investing-club-cisco-systems-ceo-sees-no-demand-signals-of-an-economic-recession.html
https://www.cnbc.com/2022/05/25/cbo-releases-us-gdp-growth-inflation-estimates.html
https://www.cnbc.com/2022/05/25/fed-minutes-may-2022.html
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