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Mortgage Outlook: Inflation Could Push Rates Higher In April – InsuranceNewsNet

Consumer prices rose 7.9% in the 12 months ending in February, far above the Federal Reserve's goal of a 2% inflation rate. Second, the Federal Reserve tames inflation by raising interest rates. The Fed's rate-setting Federal Open Market Committee meets eight times a year to discuss what's happening with the economy and whether an adjustment in interest rates. ....

Holden Lewis , Market Committee , Federal Reserve , Open Market Committee , From Nerdwalletthe Property Line , Mortgage Outlook , Inflation Could Push Rates Higher ,

Mainland Chinese house prices expected to fall in 2022 as rest of world sees growth

Home prices are likely to grow in major markets across the globe in the coming year, according to property analysts. But there may be one notable exception: mainland China. ....

Kashif Ansari , Knight Frank , Martin Wong , Fitch Ratings , Global Housing , Mortgage Outlook , China Evergrande , Greater China ,

Fitch Ratings: Global Home Price Growth to Slow in 2022 | Hellenic Shipping News Worldwide

Fitch Ratings expects home prices in 2022 to continue growing globally except China, but at a more moderate pace than in 2021. In its latest Global Housing and Mortgage Outlook, Fitch attributes the continued rise in prices to ongoing housing shortages, low mortgage rates, rising construction costs and strong demand. While most of these factors . ....

United States , United Kingdom , Michele Cuneo , Fitch Ratings , Global Housing , Mortgage Outlook , Alla Sirotic , Senior Director , Enhanced Analytics , Global Structured Finance ,

Mortgage Outlook: A Slight Uphill Climb for February Rates


Mortgage Outlook: A Slight Uphill Climb for February Rates
NerdWallet
2/1/2021
Holden Lewis
© Getty Images
The average rate on the 30-year fixed-rate mortgage went up in January, but there s more to the story than that.
February mortgage rates forecast
The average rate on the 30-year fixed-rate mortgage went up in January, after falling seven months in a row. But don t fret. The story is more comforting than that.
The 30-year mortgage averaged 2.92% APR in January, up from an average of 2.88% in December. The benchmark mortgage rate had fallen every month from May (3.37%) to December.
Imagine January s mortgage rates as a monthlong backpacking trip in the mountains. From the trailhead, the 30-year mortgage trudged up a long climb, then camped for about a week near the summit, then scrambled down a lengthy descent. The 30-year fixed ended January at a lower elevation than where it began the month. But because of the time spe ....

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