Inflation, Fed action set stage for higher mortgage rates

Inflation, Fed action set stage for higher mortgage rates

Mortgage rates have hovered near all-time lows for much of this year, but that could begin to change in the weeks to come. The Fed is expected to announce a move to reduce monthly bond purchases, which have helped keep mortgage rates at ultra-low levels during the pandemic.

Leave a Reply

Your email address will not be published. Required fields are marked *