Tuesday, 22 June 2021 | The Latest Buzz for the Appraisal Industry

Word(s) Of The Day: Inflation Data

After bottoming out at 2 month lows late last week, mortgage rates have been heading higher. At first, the move was relatively gradual, but the pace increased today after a key report on inflation came out much stronger than expected. Why do rates care about inflation? Here’s a quick explainer for those who need it: Mortgage rates are primarily determined by trading in the bond market. After all, bonds are essentially loans where the bond

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