As the peak homebuying season in the U.S. approaches, mortgage rates have shown a slight decline, creating an advantageous environment for prospective buyers. This development comes just before the anticipated release of this week’s Consumer Price Index, which will provide insight into inflation trends that could impact the housing market moving forward.

Key points:
– U.S. experiencing peak homebuying season
– Mortgage rates have eased in recent days
– Rates decrease provides potential buyers with favorable market conditions
– Consumer Price Index release expected to influence market direction
– CPI data will offer valuable information on inflation trends and their impact on the housing sector

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