If mortgage rates in 2026 feel like they change overnight, you’re not imagining it. One CPI report can move markets fast because it shifts inflation expectations and bond pricing. In this Hawaii-focused breakdown, Larry Gonzales explains what CPI is, why rates react so quickly, and what the February 2026 inflation data means for buyers and homeowners. You’ll get simple takeaways, a “what this means for you” section, and a calmer strategy-first approach so you can make decisions without panic.