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This Isn't Your Grandpa's Inflation. Or Is It?

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Now available: A new rate simulator can be downloaded here.

Metals are in a runaway bull market punctuated by silver, which just shattered a record, crossing $90 for the first time.

Source: Trading Economics

Why is this news of any consequence for mortgages?

Because this sort of move has a nasty habit of messing with interest rates.

Here’s why...

And if macro makes your eyes glaze over, hear me out — this is no bedtime story.

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