![]() Then, on May 26, the Commerce Department reported that a measure of inflation closely watched by Fed officials accelerated in April, rising 4.4 percent compared to a year ago. The Federal Reserve hiked interest rates in May, but would halt further increases as inflation stabilized, according to the consensus view. ![]() ![]() Mortgage industry insights Inflation is still running hot, raising questions about Fed’s next moveĪ few short weeks ago, housing economists thought they knew what was coming next. In addition, though we strive to make our listings as current as possible, check with the individual providers for the latest information. Our site has comprehensive free listings and information for a variety of financial services from mortgages to banking to insurance, but we don’t include every product in the marketplace. Our advertisers do not compensate us for favorable reviews or recommendations. However, this compensation in no way affects Bankrate’s news coverage, recommendations or advice as we adhere to strict Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. In exchange for placement of sponsored products and services, or when you click on certain links posted on our site. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.īankrate is an independent, advertising-supported publisher and comparison service. Our experts have been helping you master your money for over four decades.
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