Inflation Could Hit 4% Again… And Mortgage Rates Won’t Like It

Inflation might be about to make a comeback. The OECD says U.S. inflation could jump to 4.2% this year because of rising energy prices tied to the Middle East conflict. If inflation rises again, the Fed can’t cut rates… and mortgage rates may stay higher longer. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate #MortgageTips #Inflation #MortgageRates #HousingMarket #InterestRates