Excellent trends: The December inflation reading declined, and interest rates have started to follow:
Per Freddie Mac (FHLMC), in 2022 the weekly, average, 30-year interest rate climbed from 3.11% to 6.42% (but down from 7.08% in November). The 1_12_23 weekly average ticked down to 6.33%. According to Mortgage Lending News, the daily rate fell to 6.07% on 1_12_23. |
2022 Review of Selected Indicators
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