Will a wider war in the Middle East push mortgage rates higher or lower?
Housing Wire
APRIL 13, 2024
Mortgage rates headed higher last week after the CPI inflation report , but now, with news of a wider war in the Middle East, should we expect even higher rates? Some argue that money will go into the safety of the bond market, while others say a wider war can lead to higher inflation and higher rates. The week ahead will answer some of those questions early on. 10-year yield and mortgage rates There is nothing good to report on mortgage rates from last week.
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