Slide 1
Mortgage rates quietly dropped 1% this year.
Slide 2
Inflation fell to 2.7%, closer to the Fed’s 2% comfort zone.
Slide 3
Three Fed cuts since September already pushed mortgage rates near 2022 lows.
Slide 4
Lenders often adjust rates before Fed moves—markets move faster than headlines.
Slide 5
Unemployment hit 4.6%, pressuring the Fed to stimulate with cheaper borrowing.
