Davidson News

Davidson News

Inflation at 3% while US Fed Interest Rate Hike Impacts Mortgage

Inflation rate now at 3% but US Fed interest rate hike impact on mortgage rates pushes Americans to pay their mortgage not less than 6%. Inflation Decreases, Yet Mortgage Rates Remain Above 6% The recent Consumer Price Index data for June 2023 reports a significant drop in inflation, marking a shift from the alarming 9.1% … Read more