How is today's housing starts data, which beat expectations, good for mortgage rates?Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation.The answer is simple: The best way to fight inflation long-term is to add more supply.
#people #back #environment #expectations #construction #wall-street #unemployment-benefits #mortgage-rates #future-growth
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