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what a day for first-time buyers mortgage rates just rolled to the fives on the heels of a cost of living report that showed inflation slowing down all the mortgage markets said that lets go because mortgage rates and inflation they tend to run in opposite directions the inflation slowing down and the Federal Reserve engineering what looks to be a soft Landing normalcy is back if youre buying a first home using a 30 year fixed rate mortgage youre getting the lowest interest rates in months its coming into time with home prices leveling off and sellers giving away cash repairs and fees and closing costs plus you get an automatic Mortuary discount if your household income is average or lower for the area that could be another point off your rate 2023 is the year of the buyer go get it Im Dan with homebuyer.com subscribe follow and share for more first-time homebuyer news happy home buying