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Inflation highest in 40 years, mortgage rates touch 4%

Inflation highest in 40 years, mortgage rates touch 4%

by | Jan 12, 2022 | interest rates, mortgage rates, Private Lending, Property Valuation, Real Estate economic trends, Real Estate Trends, Real estate Valuation, residential lending valuation, Underwriting/Valuation

Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The stock and bond markets are suddenly awake, with mortgage rates skyrocketing almost 4% from a low...