Mortgage rate outlook as housing market affordability digests fading inflation

Mortgage rate outlook as housing market affordability digests fading inflation – Canada Boosts

Mortgage charges are plummeting this week after two cooler-than-expected inflation reports gave Wall Road hope that the Federal Reserve’s rate of interest hikes are working their magic. For greater than 20 months, Fed officers have quickly hiked charges in an try and quash inflation, contributing to an affordability crisis inside the housing market as the…

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