How Low Can Mortgage Rates Go With Cooler Inflation?

July 12, 2024

HousingWire, July 11, 2024–Logan Mohtashami
Mortgage rates are falling today as the CPI inflation data came in lighter than anticipated. The shelter side of the equation was a big help in today’s report. The financial markets’ dynamism was evident in the immediate reaction to the 10-year yield, which had a waterfall dive to a key critical level of around 4.20%.
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