š Consumer sentiment dipped to 58.6, missing forecasts. Inflation fears are rising, and conditions for big purchases are the weakest in a year.
For the Fed, this adds pressure. September cuts are still possibleā¦ but not guaranteed.
Mortgage rates move with sentiment. Be ready before markets shift.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #MortgageTips #Economy #Rates #MoneyTips