How Inflation Affects the Housing Market

As Mortgage Professional America (MPA) explains:

“. . . mortgage rates and inflation are connected, however indirectly. When inflation rises, mortgage rates rise to keep up with the value of the US dollar. When inflation drops, mortgage rates follow suit.”

Source: https://www.simplifyingthemarket.com/en/2023/08/31/how-inflation-affects-the-housing-market/