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The wait for a more affordable housing market is only getting longer as lingering inflation and tariff uncertainties keep the ...
Fed chair Powell's 'wait and see' approach to interest rates has drawn criticism from the Trump administration, which insists ...
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate ...
Here's what that means for mortgage rates. At a basic level, inflation is a measure of how much the prices of goods and services are increasing over time. When inflation is high, ...
What's inflation got to do with mortgage rates?? A lot, according to housing market experts. This week's release of the Consumer Price Index for February, which measures changes in the cost of ...
If inflation remains high and that translates to higher mortgage rates, it could slow the housing market and put “downward pressure” on home prices, says Leonard Kiefer, an economist for ...
Mortgage rates have risen steadily in recent years but that trend could soon end if inflation continues cooling. Getty Images/iStockphoto As millions of Americans wait for this inflationary ...
However, for now, rates are going lower, and the fear of 8%-10% mortgage rates for the spring of 2023 is slowly dying a good death, like the fear of 1970s inflation.
Inflation raced past mortgage rates in the early 1970s. By 1973, inflation had risen to 8.7%, a huge jump from 3.4% at 1972’s end. The 8.5% mortgage rate at year-end 1973 was up from 7.4% ...
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