Hopefully, this slight decrease in the CPI might mean that we have hit a peak. How likely is it that we have hit peak inflation? If we have, what does this mean for mortgage rates and home buyers? The team at Peoples Choice Mortgage is here to help home buyers and homeowners with what will happen to mortgage raets depending on inflation.

Over the past couple of years, used car prices reached all-time highs. Over the same time frame, home prices have also reached all-time highs. Consumers of all types, from homes to cars, to even bacon, have been seeing outrageous prices when it comes time to paying. The common thread amongst high prices everywhere is that inflation has been raging out of control.