How Inflation Impacts Mortgage Rates

@martykelly100 talks about mortgage trends and where the current mortgage rate is at.

I know mortgage rates are top of mind right now.

And one of the big questions buyers want to know is:
when are rates going back down?

Here’s the thing.
Forecasting mortgage rates is hard.

So, I can’t promise what’s going to happen.
But here’s some data I can share on how this typically goes.

Historically, there’s a tie between inflation and the 30-year fixed mortgage rate. This chart breaks it down. It shows how the thirty-year fixed mortgage rate follows behind inflation.

The blue line represents inflation. As you can see with the arrows on the left, when inflation goes up, the green line, which is the mortgage rates, follows but on a delay. When the blue line goes back down, the green line does too, a little later.

Now, look all the way to the right.

That’s what’s happening today. The blue inflation line has come down, but the green mortgage rates line hasn’t followed yet.

But, here’s my advice for you. Don’t try to time the market.
No one knows exactly what’s going to happen or when.

Just make sure you have a team of real estate professionals by your side as you plan your move.

And I want to be a part of that team.

Call or text me today and let's connect to discuss your Real Estate needs.

And Remember....
It matters who you choose to be your Realtor.

******
Marty Kelly is a native Texan and has been a resident in Leander TX since 1996. Marty has been working in Real Estate since 2005, and he is currently the Broker for Keller Williams Realty in Cedar Park and Leander TX, helping friends & family buy & sell their homes for the best value with the least amount of stress.

Marty Kelly, Broker
Keller Williams Realty
c: 512.563.0799
e: MartyKelly@kw.com
w: www.MartyKelly.kw.com
APP: www.MK-KW.com

IT MATTERS WHO YOU CHOOSE.