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Writer's pictureMelissa Lampugnano

High Inflation Means Higher Rates

The Federal Reserve is committed to breaking inflation, and recent data shows that inflation is not slowing down. This makes it a possibility that we could see residential mortgage rates shoot past the 8% mark by the end of the year, slowing the demand for housing, and other consumer products that have high debt balances (think autos, boats, etc.).

High Inflation Means Higher Rates
 

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