Jer Voem Powell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good thing. mortgage rates at a painful 7.23%. this is the highest the 30-year fixed rate mortgage has been since june of 2001. the federal reserve s inflation-curbing campaign has sent home affordability to its lowest level in decades. buying a home is more expensive due to rising prices and lower inventory. and fed chair jer voem powell hints at more bad news for borrowers. the economy is growing, and americans are spending as expected, and that s good news, but it s also fueling inflation. we explain. during this major speech at jackson hole, fed chair jerome powell acknowledged inflation has slowed, but powell has stressed inflation is still high ....

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