Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.
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Category: inflation
Mortgage Rates Just Topped 7%, Triggering a ‘Sense of Helplessness’ for Many Would-Be Homebuyers
Mortgage rates just rose above 7%. That’s frustrating homebuyers and sellers, thwarting their housing plans.
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The Fed Is Poised To Hold Interest Rates Steady—Here’s What That Will Do to Mortgage Rates
Mortgage rates are likely to rise again. They could hit this milestone as the Federal Reserve keeps interest rates higher for longer.
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Home prices have risen twice as fast as inflation for 60 years — but that trend may be reversing
U.S. home prices are 24 times higher than they were in 1963 — while overall inflation is just 10 times higher.
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Mortgage Rates Could Be Inching Up Again, but Buyers Shouldn’t Lose Hope
The Federal Reserve is likely to wait a little longer before cutting interest rates. That could result in higher mortgage rates.
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Inflation Is Finally Falling—Will Mortgage Rates Follow?
Mortgage rates have been coming down. Falling inflation might help to prevent mortgage interest rates from spiking again.
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High Mortgage Rates May Be Here To Stay—at Least Through 2023
Mortgage rates might remain higher for longer. Inflation is higher than the Fed would like, increasing the odds it will hike its rates again.
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Mortgage Rates Spike, Sparking Fears They Could Hit 8% or Beyond This Year
Rates averaged 7.09% in the past week, making this the highest they’ve been since April 2002, according to Freddie Mac data.
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Amazingly, 2023 Is Not the Most Unaffordable It’s Ever Been To Buy a Home—Not Even Close
Buying a home today might seem like the most unaffordable it’s ever been. However, the baby boomers had it worse.
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The Fed Just Gave the Housing Market a Break: Mortgage Rates Are Poised To Fall by This Much
The U.S. Federal Reserve gave stretched-thin homebuyers a rare break that could lead to mortgage rates falling by this much by year’s end.
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