It’s the question that comes up daily. When are the rates going to drop? Should I buy now while the home values are going up or just wait for the rates to drop.

At this point it’s a crystal ball. We just don’t know. Technically we see the indicators but it’s just not happening yet.

The Feds are Data Dependent. If they see less growth and inflation, the Fed will set a more friendly policy stance and rates will move lower.

Remember what the Feds are doing; they are making it less attractive to borrow money to expand businesses and do other purchases that stimulate the already hot economy.