Over the past few years, we’ve seen rate drops come and go so quickly that it’s hard to convey just how urgent it is for refinance clients to act. The market is truly that volatile.

As the saying goes: watch the dog, not its tail, to see where it’s going. Rates are trending lower overall, but if you watch the “tail,” you can sometimes catch a dip in the movement. Just remember, like a tail, those drops swing back quickly.

My take: Inflation, while still elevated, appears to be stabilizing, and the labor market is clearly softening. These are exactly the signals the Fed watches, and strong indicators that the market is in need of rate relief.

Let’s get you pre-qualified before the mad rush later this fall.

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Have a fantastic weekend and if you have an open house this weekend, let us know, our team can send you a financial open house flyer.