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Economics2h 13m ago
Mortgage rates remain above 6.5% despite softer inflation data.
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United States
Who
Logan Mohtashami
What
Mortgage rates remain above 6.5% despite softer inflation data.
When
Thu, 16 Jul 2026 12:10:13 GMT · 2h 13m ago
Where
United States ·
Why
Federal Reserve policy is cited as the reason for the continued high rates as home purchase demand weakens.
The Frontline Impact
How this affects you
Home purchase demand is weakening due to persistent high mortgage rates, which are not declining despite positive inflation indicators. This suggests Federal Reserve policy continues to influence the housing market significantly.
Story chain
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