The April Consumer Price Index (CPI) showed overall inflation rising 0.2%, slightly below the expected 0.3%. Year-over-year, inflation edged down from 2.4% to 2.3%.

However, it appears the impact of recent tariffs hasn’t been fully reflected yet. Overall, inflation remains in a relatively flat range.

So what’s a Federal Reserve to do? Well do what they do best. Wait, and wait some more.

Here’s the problem: a huge chunk of homeowners are sitting pretty with sub-3.25% mortgage rates. And really, who wants to trade their cozy low-rate castle for an identical one at double the cost? Not many. Meanwhile, builders are grinning ear to ear—they’ve got brand-new homes with no rate baggage, and they know they’re the only game in town!

Ok, off my soap box and back to work. Lets get you or your clients pre-approved, soft credit pull http://www.YourApplicationOnline.com