CalculatedRisk Newsletter

CalculatedRisk Newsletter

Housing and Inflation

Mortgage Rates declined Sharply Today

CalculatedRisk by Bill McBride's avatar
CalculatedRisk by Bill McBride
Nov 10, 2022
∙ Paid

A few key points:

  • The Fed has been raising rates to slow inflation. Since housing is a key transmission mechanism for Fed policy, the housing market has slowed dramatically as the Fed raised rates (and mortgage rates increased).

  • The CPI report this morning contained some good news on inflation.

  • The BLS reported “The index for shelter contributed over ha…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 CalculatedRisk · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture