New Labor Department data shows inflation numbers hitting levels not seen since the ‘80s, but employment numbers hold strong. See the latest data in today’s mortgage rate news.
Author: Dan C
Rates are still high, and inventory is still low, but these factors have forced demand for buying a home to drop. And that’s shifting the power in the housing market to buyers.
While last week’s dip in mortgage rates was a welcome change from rising rates, a new week brings new increases. See what’s changed in today’s mortgage rate news.
Ending a six-week trend of rising rates, Freddie Mac reported that average mortgage rates dipped slightly last week. Will this be the start of a new trend? Find out in today’s mortgage rate news.