Mortgage rates are inching up after reports of hotter-than-expected inflation data showed continued strength in the U.S. economy. With inflation still over its 2% target alongside a robust job market, the market is anxious about when the Fed will start cutting its benchmark interest rate, which is currently keeping mortgage rates elevated. The…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
Article Attribution | Read More at Article Source
Mortgage rates are inching up after reports of hotter-than-expected inflation data showed continued strength in the U.S. economy. With inflation still over its 2% target alongside a robust job market, the market is anxious about when the Fed will start cutting its benchmark interest rate, which is currently keeping mortgage rates elevated. The…
Master your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. Anytime.
Subscribe Now
Already a subscriber?
Log In
nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]