Quick follow up for my update yesterday, it’s July 28. And we just had a team meeting team call with one of our lenders that we like working with and we were talking about the Fed funds rate increase from yesterday and how markets seem to be responding. What the mortgage interest rate or industry is seeing as a response to that, and she was actually telling us that so far things are looking pretty good. That all indicators are kind of pointing to interest rates possibly going down, or at least remaining stable.
And everyone seems to be things seem to be responding well to that increase. And partly because they’ve been floating this and leaking this information out for a while. So that is great news. It’s not having the impact that the increased rate increases had the last few times that they have increased them and so that is good news. Keep an eye on that. Buyers you definitely want to be paying attention. So as you’re getting ready to make offers or lock in a rate, you kind of know what’s kind of happening, and are ready. Talk to your lender partners, they are the ones with the best information.