Defy the Rates Expectations? #shorts

📈 Despite recent rate cuts, the 30-year mortgage rate hasn’t followed suit as expected. Rates dipped briefly to the low 6% range, only to climb back up near 7%. Why? The market isn't convinced inflation is truly under control, and it’s reflecting that skepticism in rising rates.

For buyers, this means staying prepared and informed, as shifts in belief about inflation can impact mortgage rates more than Fed actions alone.

#MortgageRates #RealEstateMarket #InflationImpact #StayInformed