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Includes home buying/selling and home improvement tips as well as Fargo-Moorhead metro area information.
Mortgage Rates / Inflation Update
  • The rate on a thirty year fixed rate mortgage remained relatively unchanged last week at 4.70%, but is down 25 bps from mid-April.
  • The average annual inflation expectation in the U.S. over the next ten years declined by 9 bps to 2.30%
  • The decline in inflation expectations and continued low long term interest rates may suggest expectations of slower economic growth. It may also suggest a preference for less risk assets.
Posted: Monday, May 23, 2011 3:13 PM by Kimberly Van Hal

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