Inflation is back, but does that mean mortgage rates will rise?
During the past four decades, American consumers could count on this constant: The rate of inflation remained below the average rate of a 30-year mortgage. In many past instances that’s exactly how things play out, but that’s not what’s happening today. While the rate of inflation doesn’t determine mortgage rates, the two metrics are correlated. Inflation is …
Inflation is back, but does that mean mortgage rates will rise? Read More »