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Chris Frankie
Mortgage Rates Rebound as Inflation Worries Mount
- Friday, 19 February 2021
Mortgage rates have soared back to their highest levels since November as inflation concerns increased long-term bond yields, which normally move in tandem with mortgage rates. So reports MarketWatch.
Read more...Spike in Wood Costs Pushes Home Prices Higher
- Friday, 19 February 2021
The cost of new homes is feeling upward pressure due to soaring lumber prices. Softwood lumber, which is normally used in house frames, almost doubled between April 2020 and January 2021, according to the Department of Labor’s producer price index. So reports BankRate.com.
Read more...Bodnar of MMG: Rates Move Higher, But We May Have Found a Bottom
- Friday, 19 February 2021
Bill Bodnar of The Mortgage Market Guide (MMG) says that rates moved higher this week, but we might have found a bottom.
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