Mortgage rates dropped to their lowest level since February after the latest CPI report showed inflation cooling. Still, pending home sales posted their biggest decline in eight months. Daily average mortgage rates have dropped to their lowest level since February after last week’s cooler-than-expected inflation report, bringing homebuyers a bit of relief.  A homebuyer on … Continue reading Typical Monthly Housing Payment Drops to $115 Below Record High As Mortgage Rates Decline. But House Hunters Are Still Waiting on the Sidelines.