Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard talk about why rates aren’t getting better. The reason we are all confused is because rates are climbing, and this is after the highly anticipated rate cut. This could be due to a positive jobs report, and inflation coming down — the two main factors the fed is trying to control. So the Fed is doing a good job! We are starting to see job softening and that is usually when rates come down traditionally. We are getting into more of a normal cycle — which leads people to anticipate an economic slow down which means rates come down. We predict that we are going to see rates naturally coming down.

Listen in as we discuss this and more!

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