Mortgage interest rates have nearly tripled in the span of just a couple of years amid inflation fears and strong economic growth.
Mortgage interest rates have nearly tripled in the span of just a couple of years amid inflation fears and strong economic growth.
It’s a byproduct of controlling inflation. The Fed will stop raising rates soon and start lowering them once inflation is under control.
If the fed did nothing, then inflation would continue to be 7+%, which would be equally bad for affordability.