Consumer prices jump 5% in May (CPI); this is the highest movement since 2008. What does this mean for interest rates? Before getting into the details, I can quickly tell you with 100% certainty, the only way for Mortgage rates to go is up. Why are mortgage rates rising while the federal reserve pledges to keep rates low through 2023? How will this impact real...
The post CPI soars, mortgage payments could rise 33%, what should you do? appeared first on Fairview Commercial Lending.
This post first appeared on Blog | Fairview Commercial Lending, please read the originial post: here