Freddie Mac mortgage rates survey offers glimmer of hope

Rates fell for the first time in three weeks
The Fed relies on data to make rate decisions. But what if the data is wrong?

Staffing shortages at the Bureau of Labor Statistics may have compromised inflation data accuracy: WSJ
Mortgage applications fall for the third consecutive week

Potential borrowers continue to ‘hold out for larger rate drops’: MBA
NAR chief economist cites ‘magic bullet’ that will lower mortgage rates

Lawrence Yun sees ‘light at the end of the tunnel’ after a period of stubbornly high interest rates
Fed officials drop hints on rate-cut plans

Multiple interest rate cuts may still be in play this year