How does inflation affect mortgage rates? The September CPI beats expectations. What that means for rates
Yahoo Finance·2024-09-06 17:30

Many factors influence the interest rate you get on a mortgage loan, including your credit history and the size of your down payment. Average loan rates across the country also play a role — and those tend to rise and fall with inflation. The September Consumer Price Index (CPI), a key measure of inflation, showed that prices rose within expectations. So, how will that affect home loan rates? Learn more: How are mortgage rates determined? In this article: Quick recap: What is inflation? Before understa ...