One of The Biggest Paradoxes You'll Ever See For Mortgage Rates

No, this isn’t one of those click-bait headlines that promise to share “one weird trick” or proclaim “you’ll never believe what happened next.” Well, actually, some people might have a hard time believing this one.
In the interest of respecting the time of those who are already up to speed on this week’s economic data and interest rate movements, we’re about to talk about the paradoxical drop in rates despite decades-high inflation. Everyone else, read on!
Inflation is one of the mortal enemies of interest rates. Here’s why:…(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.
Source: mortgagenewsdaily.comNew feed