Tim Kepler NMLS # 224085

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Facebook Post: Good News for Homebuyers? Mortgage Rates Might Keep Dipping!
Looking to buy a home? Here's some encouraging news!

Mortgage rates have been trending down for the past few months, but there have been some ups and downs along the way. This is because of positive economic data, like strong job growth.

Even though the Fed might not cut rates soon, there's a chance they could keep going down! Here's why:

Quantitative Tightening (QT): Imagine the Fed is selling off mortgage-backed securities. This reduces supply, which (think basic economics!) could push prices up and bring mortgage rates down (they have an inverse relationship).
The takeaway? There's a good chance mortgage rates will keep dropping in the coming months.

Thinking of buying a home? Now might be a great time to explore your options!

P.S. Check out the comments for some graphs showing the recent trends in mortgage rates and the Treasury market!