January 15, 2025

Mortgage rates recently hit their highest levels since May 2024, but there’s good news: rates dipped slightly yesterday. While the change is small, it suggests some stability.

Yesterday’s lower-than-expected inflation report (PPI) didn’t significantly impact rates, but today’s Consumer Price Index (CPI) is a bigger factor. If CPI shows lower inflation, rates could drop. However, higher inflation may push rates up.

Stay positive—today’s report could bring opportunities for borrowers. Now is a great time to explore your options and secure the best rate available.

Looking for more updates or have questions? Let’s chat! 💬