Inflation holds at 3.7%. Is it enough to dissuade the Fed from another rate hike?
Housing Wire
OCTOBER 12, 2023
Indices that increased in September were rent, owners’ equivalent rent, lodging away from home, motor vehicle insurance, recreation, personal care and new vehicles. If mortgage rates pass 8%, housing market activity will see a contraction, Sturtevant said. However, it’s still well above the Fed’s 2% target.
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