6.30% Mortgage Rates Hold Steady Despite Cooler 2.8% Inflation: Strategic Homebuyer’s Guide for 2025
The mortgage landscape continues to challenge potential homebuyers as rates remain anchored around 6.30% despite February’s encouraging inflation report. When the Bureau of Labor Statistics revealed that the Consumer Price Index had cooled to 2.8% year-over-year—lower than market expectations—many analysts anticipated a corresponding dip in mortgage rates. However, this positive inflation data hasn’t been enough […]