Mortgage rates fell today following a tame read on inflation as well as the announcement of Rex Tillerson's departure from the White House. The Consumer Price Index--the most widely followed economic report on consumer-level inflation--showed prices moving up 0.2% in February (rounded up from 0.1501%). The median forecast called for a 0.2% increase. When inflation is falling (or rising more slowly), it tends to benefit bond markets, thus pushing rates lower . Given that the inflation data was fairly close to forecasts, it didn't have any sort of extreme impact today, but it added some downward...
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