ac·qui·esce /ˌakwēˈes/ verb

1. accept something reluctantly but without protest.

The data indicates a consistent trend toward lower inflation, as shown by the CoreLogic Rental Index, which has decreased since the last report. However, this decline hasn’t yet been reflected in the latest Consumer Price Index (CPI).

If you’re an agent or lender, how do you address this with your clients? What narrative or guidance do you provide in this context?

For perspective, here’s a look at rates over the past year: Nationally, rates are now below 6.875%, which aligns with historical averages.

Rates fluctuate daily, sometimes even hourly, and focusing solely on timing the market for the best rate overlooks the broader picture.