Dan Green of The Mortgage Reports in a recent blog post gives readers a breakdown of the effects of the surging dollar on mortgage rates. Green contends that not only is the surging dollar good short-term, but long-term as well, as it will help to curb inflation pressures. He goes on to predict that if inflation is held in check, the Federal Reserve is unlikely to raise rates any time soon. Check out the full post: "What the Surprising Strength of the U.S. Dollar is Doing to Mortgage Rates." *** What's your opinion? Leave your comments below or send a letter to the editor. ...
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