Mortgage Rates to Hold Steady on As-Expected Inflation Report, Dimming Odds of a September Fed Rate Hike

Takeaway: Rates should see little change today following an as-expected inflation report, but a Fed hike in September seems increasingly unlikely. Core inflation came in almost spot on with expectations, thwarting fears that inflation would continue to spike in the absence of an agreement with Iran. Core inflation in July came in at 0.22% month […] The post Mortgage Rates to Hold Steady on As-Expected Inflation Report, Dimming Odds of a September Fed Rate Hike appeared first on Redfin Real Estate News .