Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.

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Consumer Prices Rise at Fastest Clip Since 2008

Saturday, Jun 12 2021
Lending
Written by  The Mortgage Lender

A well-known measure of inflation jumped in May at its quickest year-over-year rate in almost 13 years, according to the Department of Labor. So reports CNBC.

arrows 311332 640 smallThe May consumer price index was up 5% from 2020, ahead of a projected 4.7%.

The Federal Reserve has largely shrugged off the rising numbers as temporary due to the COVID-19 pandemic.

Read the full article from CNBC. 

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