Welcome, everybody to the investing in real estate show. Clayton Morris here. So glad to have you here. I'm a long-time real estate investor. And on this channel, we aim to make you a more financially intelligent investor. These things, of course, we were not taught in schools when we were growing up. So we have to be self-educated. This is the most important thing is to be self-educated. And thank you guys for taking

some time out here to do just that. We're going to get into your Q&A episode portion of the show in

just a moment where you can leave us a voicemail question. You can do that by going to our website. Just go to morrisinvest.com. And there's a microphone icon on the right

side of your screen. Click that and leave us like a 30 second voicemail question. We will attempt to

answer it here on the show. So we got some really good economic news over the past few days.

This is exciting from an inflationary perspective and from an interest rate perspective.

So we saw, based on what the Fed did

last week, on these consumer price index numbers, so the CPI number came in lower than expected.

So the cost of things came in lower. And that's great. And that has been consistently going down now.

There are a number of analysts, it's really interesting to look at where they believe this is

one of the strongest economies that we've had in decades, and yet people just don't feel it

because the cost of gasoline, the cost of groceries has gone up.

But we have a really strong labor market, according to the data.

And we have the cost of goods and services, of course, are going down.

Therefore, interest rates in the mortgage space has also plummeted significantly.

And I was speaking to builders last week and realtors who said, you know, the number one thing,

of course, it's been slowing up the market has been interest rates.

Nothing else.

It's been interest rates.

It's drawn people to a halt.

Well, good news.

So now we have the biggest drop in mortgage rates in months.

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