It was worse than I expected. Mortgage rates crushed after hot CPI

Inflation report comes in at 7.5% YoY and spooks the heck out of the markets...particularly the mortgage bond market which determines mortgage rates. We will take a look at the charts, data and even pull up rates LIVE on this episode. Hope it helps. Be smart out there! Links below...

If you know someone looking to BUY a home in San Diego, Refinance or SELL a home in San Diego, tell them to give me a shout! I’ll make you look good! :)
Derrick Evens, VA Loan Specialist, NMLS 155010
Derrick@DerrickEvens.com

Links:
https://www.cnbc.com/2022/02/10/citi-raises-forecast-for-federal-reserves-march-rate-hike-to-a-half-percent-.html
https://www.cnbc.com/2022/02/10/kellogg-may-raise-prices-again-in-2022-amid-double-digit-cost-inflation-says-ceo.html
https://www.cnbc.com/2022/02/10/january-2022-cpi-inflation-rises-7point5percent-over-the-past-year-even-more-than-expected.html
https://www.cnbc.com/2022/02/10/tired-of-inflation-the-federal-reserves-actions-wont-provide-any-relief-for-months.html
https://bitcoinmagazine.com/markets/russia-shares-plan-to-regulate-bitcoin-crypto