Mortgage rates are finally moving lower — but is this the opening buyers have been hoping for? In this video, I break down the latest May inflation data, the surprising jobs report, and how these numbers are directly impacting mortgage rates right now.
We’ll cover:
- Why inflation cooling to 2.4% is shifting market expectations
- How the 10-Year Treasury yield is pulling mortgage rates lower
- What rising inventory means for home shoppers this summer
- My exact tips for buyers navigating today's market
Whether you’re actively shopping for a home or just keeping tabs on where rates are headed, this update will give you a clear, no-hype look at what’s actually happening in the housing market right now.
If you’re thinking about buying or selling a home, I’m a local real estate agent — feel free to reach out anytime, I’d be happy to help.
Timestamps:
0:00 – Mortgage Rate Drop Overview
1:01 – Why Rates Are Dropping: Inflation and CPI Impact
2:02 – Bond Yields, Treasury Rates, and Market Signals
3:35 – Buyer Sentiment Rising: Homeownership Optimism
4:57 – Affordability Challenges Despite Lower Rates
5:26 – Buyer Strategy: Credit Score, Rate Lock, and Timing
6:12 – Federal Reserve Outlook and 2025 Rate Cut Predictions
Alex Schult CA DRE License # 02236174 KW Spectrum Properties 📲 Text: 949-726-2601 📧 Email: aschult@kw.com
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#mortgagerate #housingmarket #InterestRateUpdate #homebuying #realestatenews
DISCLAIMER: This video content is intended for informational, educational, and entertainment purposes only. Neither Living in California nor Alex Schult is a registered financial advisor, attorney, or tax professional. While we have taken reasonable steps to ensure the accuracy of the information presented in this video, we cannot guarantee that it is free from errors or omissions. Any reliance you place on the information provided is strictly at your own risk. Additionally, your use of the Living in California YouTube channel and any communication through this platform, including but not limited to YouTube comments, emails, or messages, does not establish a formal business relationship with Alex Schult or Living in California. For specific advice related to your real estate, financial, or legal needs, we recommend consulting with a licensed professional in the relevant field.
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