Shocking News: Summer Rates Expected to Favor You – Find Out How!
Today Inflation Rates Surging From Used Cars, Summer Rates Expected to Favorable
Inflation hit an all-time high last month, with used car prices up 4.4% and 50% year over year. However, this trend won't likely continue and this summer is expected to be favorable for rates as price increases decrease.
#inflation #usedcars #interestrates #economy #summerfavorability #sheltercresting #yearoveryear
Market wrap May 10th. A lot of the inflation came from used cars which were up 4.4% last month and are up 50% year over year which can't continue. This summer will be favorable for rates as we expect shelter to continue to crest and comparisons from last year get higher. Additionally the increases in used cars will likely not continue. While we are seeing a nice move in the bond market as we see more progress on inflation today we think we are embarking on a good time for interest rates. We believe next month could show even more progress. Following the inflation data the Fed futures market is now pricing in a 100% chance of a 25 basis point rate cut in September. Clearly not believing the Fed who is saying they will not cut this year. This could also help bond prices. MBA released their mortgage application data for last week showing that purchases increased by 5%. They are now higher 7 out of the last 10 weeks. Purchases are still down 32% from this time last year which was the highest numbers we have seen in history probably…
1. Justin Kautz: 559-679-5730 - Call or Text 7 days a week
2. APPLY HERE: https://spotonlending.my1003app.com/913358/register
3. Upload your documents into the portal
4. Work with us to get the best Pre Approval AND start writing offers
SAVE this video if you find value in it and send it to your family and friends.
Justin Kautz
JK Mortgage
Call or Text: (559) 679-5730
jk@justinkautz.com
3242 E Coast Hwy
Corona Del Mar, CA 92625
2928 Saltwood Ct.
Celina, TX 75009
CA TX TN GA FL - coming soon: OK LA AL
Spot ON Lending, Inc./Full Service Mortgage Group
NMLS: 913358 CA/DRE: 01447986 NMLS:02066654 | 60DBO-154093
Georgia & Texas NMLS#1767407
Florida NMLS#MBR5826
Tennesse NMLS# 1243230
-
5:34
P.R.E.M TV
1 year agoBreaking News Mortgage Rates Surpass 7% Amidst Economic Data Evaluation
10 -
7:08
SweetHomeStAugustine
1 year agoBIG BREAKING NEWS on Mortgages Rates
882 -
0:46
Homes In Orlando For Sale
1 year agoDiscover the Shocking Truth About Today s Mortgage Rates
3 -
23:42
Today's Mortgage Rates and San Diego Real Estate Analysis
2 years agoFED will make mortgages rates go even higher than expected
42 -
0:26
Homes In Orlando For Sale
9 months agoSurprising Mortgage Rate Update Is 7.65% #housingmarket
5 -
5:31
Talis Team Real Estate
10 months agoBarbara Corcoran Predicts Home Prices Will Go Up By 15%
42 -
6:21
P.R.E.M TV
1 year agoFinding the Bright Side: Exploring the Upsides of Mortgage Rates Today
24 -
8:10
Carolina Capital Management
3 years agoBreaking News! Housing Market Is Heating Up! | Hard Money Lenders
2 -
11:16
Homes In Orlando For Sale
1 year agoNew Mortgage Rate Adjustments Frustrate Homebuyers
1 -
3:17
Carolina Capital Management
2 years agoBreaking News! Mortgage Rates Are Getting Lower!
5