Have Mortgage Rates Reached The Ceiling?

Mortgage Rates tumble on signs that inflation is easing as the October inflation report shows consumer prices rose 7.7%. We just saw the Record Single Day Drop in mortgage interest rates. Have we reached the ceiling in mortgage interest rates? Why did interest rates improve when inflation is still showing an increase of 7.7%? What dose this mean for Port St Lucie, Martin County and Palm Beach County Real Estate Market going into 2023. In this Live With Brent and Lee we discuss why the market reacted positively to the CPI readings and how it's likely to impact the housing market as we move forward and take your questions.

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Lee: 561-460-8888 or Lee@BrickeyTeam.com

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