December Market Forecast – RATES HAVE DROPPED!

December Market Forecast and Important December Dates!
November’s inflation report showed inflation rates have been steadily declining since their peak in June. As a result, we saw mortgage interest rates drop despite the Fed consumer rate increase two weeks ago – providing some relief for homebuyers.
In this video I talk about what December’s upcoming Inflation Report and the next Federal Reserve rate announcement. Two critical dates that will influence what may or may not impact mortgage interest rates. I discuss scenarios on what the FED might do, the reasons why, what this means for mortgage interest rates for the rest of the year and into 2023, and my “Hear me now, believe me later” prediction for 2023.
If you would like to learn more or would like to chat about your scenario, please book an appointment with me:
https://calendly.com/mike-mularczyk
email – mmularczyk@newfed.com
website – https://www.mikemularczyk.com
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