Powell swung his rate-cutting sword today and sliced 25bps off the Fed rate and for once, the mortgage market said, “You know what? Let’s match that.”
So yes… we actually saw a real 25bp improvement in rates this afternoon. Miracles do happen.
Meanwhile, Truflation (the private company that measures inflation in real time, not once the government finishes entering numbers into a spreadsheet from 1997) reports inflation at 2.2% noticeably lower than the official PCE numbers.
In other words:
The trend is here. Momentum is building. Stuff is actually happening.
So if you’ve been sitting on the couch watching holiday movies on repeat…
Get up. Kevin will still be left home alone when you get back.
And the Grinch isn’t stealing your interest rate — the market is actually giving you a gift for once.
Time to get prepared before the crowd wakes up.
👉 Get pre-qualified: www.YourApplicationOnline.com
New YouTube Channel Series2a Rover Life and Lending
