Mortgage Rates

Inflation, Fed motion set stage for larger mortgage charges

inflation-fed-motion-set-stage-for-larger-mortgage-charges

“The biggest impact is that the Federal Reserve is ready to cut its bond purchases as early as next month,” said Greg McBride, Bankrate’s chief financial analyst. “However, inflation is likely to be the biggest determinant of what happens to mortgage rates in the months ahead. Whether they go higher or not, and if so, how much higher. “

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