Mortgage rates are still holding between 6.5 percent and 6.75 percent for the low-fee deals, but the financial world moved this week into a realm of uncertainty, inflation risk and volatility that we have not seen in a long time.

Early in the week, markets traded in happy belief that the Fed is about to halt its rate increases, perhaps concluding after a 16th hike to 5 percent at its May 10 meeting.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top