Rates Rise as Inflation Stalls Recovery

Mortgage rates just hit 6.46% for a 30-year fixed — up four basis points in a row — as inflation surges to 3.8% and global tensions spark market jitters. Energy costs and transportation prices are soaring, tightening household budgets and making home buying even harder. With the Fed stuck between cooling inflation and avoiding an economic crash, more rate hikes loom — locking homeowners in higher costs for months to come. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d4286bb09f1bbe47