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Inflation Is Back in a Big Way: What That Means for Borrowers and Mortgages
(TNS)—Inflation hit 6.8% in November, its loftiest level since the long-ago era of Reaganomics and America’s war on inflation. If prices continue to soar, mortgage rates will head higher, too. But there’s a silver lining to this cloud for borrowers as well. Today’s combination of low mortgage rates and high inflation is exceedingly rare. So […]