BREAKING: Inflation Drops To Lowest Levels Since 2021 - What It Means For You

"the Federal Reserve Bank is still going to cut interest rates next week on September 18th when they meet. But number two, instead of doing a big.5% interest rate cut, they're now expecting the Federal Reserve Bank to do a 0.25% 25% interest rate cut, also known as a 25 basis point interest rate cut next week because we saw this slight rise in core inflation."

"if the Federal Reserve Bank starts cutting interest rates and mortgage rates start to go down, let's say in the next 6 months, we see mortgage rates fall by a couple percent. You got to imagine that there's going to be a number of potential home buyers that are going to say, "hm, I've been sitting on the sidelines not wanting to buy a home because I couldn't afford a mortgage payment, but now I can borrow $500,000 because it's going to cost me less interest because as interest rates go down, your mortgage rate goes down and you can borrow that money at a cheaper rate.""

"And so if more buyers wake up and say, "hm, maybe I should go out and buy a home now." Well, that could make more offers on homes. So, if you list your home for $500,000 now, maybe you get seven, eight, nine, 10 offers as opposed to two. And if you start to get more offers, that could create more bidding wars that could push home prices higher."