Decoding Mortgage Rates and Inflation Trends: What You Need to Know!

🏡 Curious about mortgage rates? Wondering when they'll go back down? 📉 Watch this video to gain insights into the relationship between inflation and mortgage rates, and why timing the market can be tricky. 📊

In this informative video, we dive into historical data that sheds light on the connection between inflation and 30-year fixed mortgage rates. 📈 Discover how mortgage rates tend to follow inflation trends, often with a slight delay. You'll see the correlation between the blue line (representing inflation) and the green line (representing mortgage rates) on a chart.

But what's happening right now? 🤔 We examine the current economic landscape, where the blue inflation line has decreased, yet the green mortgage rates line has not followed suit, at least not immediately.

While we can't predict the future of mortgage rates with certainty, we provide valuable advice: Don't attempt to time the market. 🕰️ Nobody can accurately forecast when rates will rise or fall. Instead, focus on assembling a team of trusted real estate professionals to guide you through your homebuying journey. 🤝 And guess what? We'd love to be a part of that team, helping you make informed decisions every step of the way. 🏠

Subscribe to our channel for more insightful real estate and mortgage-related content! 🔔 #MortgageRates #RealEstate #Homebuying #Inflation #MarketTiming

Interested in buying, selling or joining my team? Text REALTY to 865-326-3736
Richard Rackley Real Estate
Weichert, REALTORS® Advantage Plus
865-326-3736 cell
865-474-7100 office
richard@weichertap.com
https://richard-rackley.advantageplustn.com/
10160 Parkside Drive
Knoxville, TN 37922
Individually Owned and Operated by Richard W Rackley
Equal Opportunity Housing

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