May Inflation 1% MOM or 12.7% Annualized = More Rate Hikes?
https://tradingeconomics.com/u...
Inflation data came out today showing inflation was much higher than originally projected. The Fed has indicated they would raise rates if inflation increased, which would raise 30 year mortgage rates considerably from here.
Would you still purchase a property at a 7% or 8% APR? How does this change your strategy (if at all)?