These components led to a housing market collapse in most parts of the nation by which householders, unable to make their monthly loan payments, ended up in foreclosures. To 8%, low housing stock, high residence costs and suppressed mortgage demand. This has led to an general decline in home sales and lower-than-normal mortgage origination volumes. Mortgage rates headed higher last week after the CPI inflation report, but now, with news of a wider struggle within the Middle East, ought to we expect even greater rates? Some argue that cash will go into the security of the bond market, while others say a wider struggle can lead to greater inflation and higher rates.

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