Mortgage rates are moving faster than most people expect.
Sometimes they change daily.
The Market Is Data Driven
Rates react to:
inflation reports
jobs data
retail sales
wage growth
Each report can move the market.
If inflation comes in hot, rates rise. If it cools, rates fall.
If you want help understanding how today’s data affects your options, connect with Better Rate Mortgage and we will walk through it together.
Markets Are Forward Looking
Mortgage rates are based on expectations.
If investors think inflation is coming, rates rise before it even shows up.
That is why trying to time the market is so difficult.
If you want a plan instead of guessing, reach out to Better Rate Mortgage and we will build one together.
If you want a deeper breakdown of why rates have recently moved higher, read our full analysis on why mortgage rates are rising during Middle East tensions and oil price spikes.
