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Inside the Economy: Interest rates & Housing

By July 27, 2022No Comments

This week on “Inside the Economy”, we will dive a little deeper into June’s headline vs core inflation numbers. As oil drops below $100/barrel, will that signal the peak of inflation? In the housing market, loan applications decline to a level we haven’t seen in over two decades. Where will mortgage rates end up? Tune in to learn more!

Key Takeaways:

      • 10-year treasury yield is around 2.9%
      • 30-year mortgages are closing in on 6%
      • Jobless claims tick up

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