It was a critical week for financial markets and especially for rates as investors digested the latest inflation data and the Fed’s smaller rate hike. In fact, the latest inflation data could be thought of as the most important and most persistent focus for rates all year long. Read More in Mortgage News Daily: https://www.mortgagenewsdaily.com/markets/mortgage-rates-12162022
From chicken wings to used cars, inflation begins to ease its gripAfter more than a year of prices racing higher, consumers are finally starting to catch a break, but inflation could still feel painful for years to come. Read More