Market Commentary

Mortgage rates dipped slightly this week as the bond market reacted to the latest inflation data. The 30-year fixed-rate mortgage is currently hovering around 6.125%, offering a small window of opportunity for buyers waiting on the sidelines.

With the Federal Reserve's upcoming meeting, we may see further volatility. If you are looking to lock in a rate, now might be a strategic time before potential shifts in the yield curve.

Historical Trend (Last 5 Weeks)