Curious about the latest in mortgage rates? πŸ πŸ’° Recent headlines might have left you wondering what’s next for rates, especially with speculation about potential cuts. While the Federal Reserve’s actions don’t directly determine mortgage rates, they do have an impact.

Here’s the scoop: Although there wasn’t a cut at the latest Fed meeting, mortgage rates are still expected to drop this year. Even Jerome Powell, the Fed Chairman, anticipates cuts assuming inflation cools down. And historically, when the Fed lowers rates, mortgage rates follow suit.

But here’s the thing – trying to time the market for the perfect rate can be tricky. Mortgage rate projections are just that – projections. Instead of waiting for rates to drop, consider your financial readiness and lifestyle goals.

So, if you’re ready to make a move, don’t let the uncertainty hold you back. Reach out today, and let’s start the process of moving toward your dream home! πŸŒŸπŸ”‘