Relevant:
- inflation fears send mortgage rates higher
- Russia Increases Deposit Rates as Price Inflation Climbs``
- Freddie Mac: 30-yr fixed-rate mortgage up on inflation woes
- Jim Grant On Inflation: "There Will Be A Lot Of It Suddenly" Because Our Interest Rate Structure Is "Beyond Strange"
- China Raises Interest Rates For Third Time This Year
2008-05-15 — blownmortgage.com
"Mortgage interest rates dropped as fears of inflation eased. Adjustable rate mortgages were helped the most. The Fed’s aggressive posture and track record for action (i.e. Bear Stearns, liquidity injections, rate cuts), and led by stability of the dollar and tamer-than-expected inflation data all helped the cause."
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