Industry News

More Fed hikes put scare into mortgage rates

Borrowing costs hit 4-year high
Published on Jun 22, 2006

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Mortgage rates continued higher for the second consecutive week on markets’ belief that the current rate of inflation will force the Fed to raise its federal funds rate through August, according to surveys conducted by Freddie Mac and In ...