![Inflation Is Still Rising—Will Mortgage Rates Follow?](https://dailytalks.org/wp-content/uploads/2023/08/93442-inflation-is-still-rising-will-mortgage-rates-follow.jpeg)
For nearly a year, persistent inflation in the U.S. economy has forced the Federal Reserve to hike its short-term interest rates to improve affordability, particularly in a volatile housing market. Despite price corrections in a number of regional markets, the government’s consumer price index (CPI) revealed a gradual increase in July. That uptick seems like
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