Inflation increased to 3.4% in December – Here’s what that means for mortgage rates

By: Grocery prices increased in December, contributing to the overall rise in inflation. (iStock) Consumer prices increased more than expected in December, driven by a continued uptick in shelter prices, according to the Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS).  On an annual basis, prices rose 3.4% in December, up from 3.1% growth…

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