Mortgage Rates Rose Sharply This Week Due To Unexpected European Inflation
#shorts
Mortgage Rates Rose Sharply This Week
Mortgage Rates Rose Sharply This Week The average mortgage rate headline among major news networks suggests things improved this week. The average headline is wrong. Freddie did indeed report a small drop in rates versus last week, but there are several caveats. Rates rose abruptly on Wednesday and Friday following surprisingly high inflation readings in The UK and Germany. All other things being equal, higher inflation means higher rates. As for why we care about 10yr Treasury yields in the mortgage/housing markets, this is why:. The net effect for US mortgage rates was a move up to the highest levels in nearly a month. While it's not a pleasant experience for those in the industry, the correction in housing was and still is a logical byproduct of the unprecedented boom in prices and sales in 2020 and 2021. One is still rising while the other has fallen sharply.
Let us help you find your next home.
Search Today!
www.homesinorlando.forsale
CALL DIRECT: 407-710-8720
#orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagent #orangecountyfl #homesales #applihl #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #clermontfl #housingmarket #housingmarket2022 #inflation #michaelburry #economicninja #ninjanation #housingmarket #justlisted #middleclass
-
1:52:59
The Quartering
5 hours agoWoke Disney/Pixar Collapses, Game Journalism SHUT DOWN, Windows Spying On You & More
28.1K17 -
1:00:00
Edge of Wonder
6 hours agoModern Art Psyop, Money Laundering & CIA’s Hidden Art Collection
8.71K4 -
12:21
Brad Polumbo
1 day agoFemale TikToker targets Harrison Butker with (WILD) rant!
9.36K14 -
1:22:22
The Big Migâ„¢
23 hours ago‘BORDERGEDDON’ An American Crisis w/ Hernando Arce
12.1K19 -
1:15:55
Redacted News
7 hours agoBREAKING! WEF'S Klaus Schwab drops BOMBSHELL, Zelensky becomes a Dictator | Redacted News Live
102K297 -
2:55:44
FRENCHY4185
6 hours agoROAD TO 100 FOLLOWERS !!! TRYING "XDEFIANT", IS IT A COD-KILLER ?!?!?!?!
37.5K3 -
Major League Fishing
5 days agoLIVE Bass Pro Tour, Heavy Hitters, Day 4
88.1K3 -
1:57:31
Revenge of the Cis
6 hours agoEpisode 1346: Summer Body
50.1K16 -
1:00:31
In The Litter Box w/ Jewels & Catturd
22 hours agoJury Tampering | In the Litter Box w/ Jewels & Catturd - Ep. 572 - 5/21/2024
73.3K30 -
1:17:16
Awaken With JP
7 hours agoNothing Is as It Seems - LIES Ep. 41
77.8K82