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Economists Warn ‘Wartime Inflation’ Could Push Rates Higher
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Economists Warn ‘Wartime Inflation’ Could Push Rates Higher
After a brief dip into the fives, mortgage rates ticked back up this week and will likely continue to rise if the conflict with Iran escalates into a prolonged war, economists cautioned this week. “The launch of the conflict in Iran over the weekend and its subsequent escalation has stoked fears of wartime inflation that… The post Economists Warn ‘Wartime Inflation’ Could Push Rates Higher appeared first on RISMedia.
Lenders hike mortgage rates in response to Middle East conflict
HSBC and Coventry Building Society have hiked mortgage rates and borrowers are being warned more lenders are expected to raise prices. The post Lenders hike mortgage rates in response to Middle East conflict appeared first on what MORTGAGE.
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