Will hotter early-2023 inflation push mortgage rates back up to 7%?

Going into last weekend on February 10, I noted how rates rose from 6% to 6.5% in February alone, and today’s hotter January CPI inflation report doesn’t help the case. If today’s mortgage bond selloff holds following January’s 6.4% headline CPI inflation and 5.6% Core inflation (excluding food and energy), mortgage rates would end up between 6.625% and 6.75%. – 3 home buyer & seller tips in a 2023 market that’s declining but not crashing

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