Boston Condos for Sale and Apartments for Rent

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30-year mortgage hits 14-year high after higher-than-expected CPI data

CNBC’s Diana Olick reports on mortgage rates following Tuesday’s hot CPI data

Boston condos

My Boston condo thoughts

This latest report is devastating news for the Boston condo for sale market, this report shot up mortgage rates to 6.28%. which is a 14 year high. What’s worse this will give more ammunition for the Fed chairman to continue to move aggressively on raising interest rates.