{"id":5056,"date":"2023-08-03T05:30:00","date_gmt":"2023-08-03T10:30:00","guid":{"rendered":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/"},"modified":"2024-01-18T20:54:07","modified_gmt":"2024-01-19T02:54:07","slug":"how-inflation-affects-mortgage-rates","status":"publish","type":"post","link":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/","title":{"rendered":"How Inflation Affects Mortgage Rates"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/content\/images\/20230731\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?w=358&#038;ssl=1\" alt=\"How Inflation Affects Mortgage Rates Simplifying The Market\" loading=\"lazy\" style=\"margin-bottom: 5px;clear: both;max-width: 100%\" \/><\/p>\n<p>When you read about the housing market in the news, you might see something about a recent decision made by the <em>Federal Reserve<\/em> (the Fed). But how does this decision affect you and your plans to buy a home? Here&#8217;s what you need to know.<\/p>\n<p>The Fed<em> <\/em>is trying hard to reduce <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/06\/23\/homeownership-helps-protect-you-from-inflation-infographic\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">inflation<\/a>. And even though there\u2019s been 12 straight months where inflation has cooled (<em>see graph below<\/em>), the most recent data shows it\u2019s still higher than the Fed\u2019s target of 2%:&nbsp;<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.simplifyingthemarket.com\/content\/images\/20230731\/20230803-Inflation-Continues-Moderating.png?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/content\/images\/20230731\/20230803-Inflation-Continues-Moderating.png?ssl=1\"><\/a><\/p>\n<p>While you may have been hoping the Fed would stop their hikes since they\u2019re making progress on their goal of bringing down inflation, they don\u2019t want to stop too soon, and risk inflation climbing back up as a result. Because of this, the Fed decided to increase the Federal Funds Rate again last week. As Jerome Powell, Chairman of the<em> <\/em>Fed<em>,<\/em> <a href=\"https:\/\/www.federalreserve.gov\/mediacenter\/files\/FOMCpresconf20230726.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>:<\/p>\n<blockquote><p><em>\u201c<\/em><strong><em>We remain committed to bringing inflation back to our 2 percent goal<\/em><\/strong><em> and to keeping longer-term inflation expectations well anchored.\u201d <\/em><\/p><\/blockquote>\n<p>Greg McBride, Senior VP, and Chief Financial Analyst at <em>Bankrate<\/em>, <a href=\"https:\/\/www.nbcnews.com\/business\/economy\/interest-rate-hike-july-2023-how-much-higher-federal-reserve-rcna96210\" rel=\"noopener noreferrer\" target=\"_blank\">explains<\/a> how high inflation and a strong economy play into the Fed\u2019s recent decision:<\/p>\n<blockquote><p><em>\u201c<\/em><strong><em>Inflation remains stubbornly high.<\/em><\/strong><em> The economy has been remarkably resilient, the labor market is still robust, but that may be contributing to the stubbornly high inflation. <\/em><strong><em>So, Fed has to pump the brakes a bit more<\/em><\/strong><em>.\u201d<\/em><\/p><\/blockquote>\n<p>Even though a Federal Fund Rate hike by the Fed doesn\u2019t directly dictate what happens with mortgage rates, it does have an impact. As a recent article from <em>Fortune<\/em> <a href=\"https:\/\/fortune.com\/recommends\/mortgages\/what-fed-rate-hikes-mean-for-mortgage-rates\/\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>:<\/p>\n<blockquote><p><em>\u201cThe federal funds rate is an interest rate that banks charge other banks when they lend one another money . . . <\/em><strong><em>When inflation is running high, the Fed will increase rates to increase the cost of borrowing and slow down the economy. <\/em><\/strong><em>When it\u2019s too low, they\u2019ll lower rates to stimulate the economy and get things moving again.\u201d<\/em><\/p><\/blockquote>\n<h4><strong>How All of This Affects You<\/strong>&nbsp;<\/h4>\n<p>In the simplest sense, when inflation is high, <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/07\/19\/explaining-todays-mortgage-rates\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">mortgage rates<\/a> are also high. But, if the Fed succeeds in bringing down inflation, it could ultimately lead to lower mortgage rates, making it more affordable for you to buy a home.<\/p>\n<p>This graph helps illustrate that point by showing that when inflation decreases, <a href=\"https:\/\/www.freddiemac.com\/pmms\/archive\" rel=\"noopener noreferrer\" target=\"_blank\">mortgage rates<\/a> typically go down, too (<em>see graph below<\/em>):&nbsp;<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/www.simplifyingthemarket.com\/content\/images\/20230731\/20230803-Mortgage-Rates-Follow-Behind-Inflation.png?ssl=1\" rel=\"noopener noreferrer\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/files.keepingcurrentmatters.com\/content\/images\/20230731\/20230803-Mortgage-Rates-Follow-Behind-Inflation.png?ssl=1\"><\/a><\/p>\n<p>As the data above shows, inflation (<em>shown in<\/em> <em>the blue trend line<\/em>) is slowly coming down and, based on historical trends, mortgage rates (<em>shown in<\/em> <em>the green trend line<\/em>) are <a href=\"https:\/\/www.simplifyingthemarket.com\/2023\/07\/05\/two-questions-to-ask-yourself-if-youre-considering-buying-a-home\/?a=375140-ca8522ad04357da9549c08492a932f70\" rel=\"noopener noreferrer\" target=\"_blank\">likely to follow<\/a>. McBride <a href=\"https:\/\/www.cnet.com\/personal-finance\/mortgages\/mortgage-refinance-rates-for-july-26-2023-rates-advance\/\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a> this about the future of mortgage rates:<\/p>\n<blockquote><p><em>\u201cWith the backdrop of easing inflation pressures, <\/em><strong><em>we should see more consistent declines in mortgage rates as the year progresses<\/em><\/strong><em>, particularly if the economy and labor market slow noticeably.\u201d<\/em><\/p><\/blockquote>\n<h3>Bottom Line<\/h3>\n<p>What happens to mortgage rates depends on inflation. If inflation cools down, mortgage rates should go down too. Count on a real estate professional you can trust for expert advice on housing market changes and what they mean for you.<\/p>\n<p>Source: New feed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here&#8217;s what you need to know. The Fed is trying hard to reduce inflation. And even [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5057,"comment_status":"false","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10157519356927224_105287467588662":"","twitter_15771620_15771620":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[54],"class_list":{"0":"post-5056","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-info","8":"tag-100-financing","9":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Inflation Affects Mortgage Rates&#8212;NWI Loan Guy Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Inflation Affects Mortgage Rates&#8212;NWI Loan Guy Blog\" \/>\n<meta property=\"og:description\" content=\"When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here&#8217;s what you need to know. The Fed is trying hard to reduce inflation. And even [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/\" \/>\n<meta property=\"og:site_name\" content=\"NWI Loan Guy Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/NWIHomeLoans\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-03T10:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-19T02:54:07+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/nwiloanguy.com\/blog\/wp-content\/uploads\/2023\/08\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/\"},\"author\":{\"name\":\"Scott\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#\\\/schema\\\/person\\\/a2840f8950fa5f9de1d1db60cab8be1e\"},\"headline\":\"How Inflation Affects Mortgage Rates\",\"datePublished\":\"2023-08-03T10:30:00+00:00\",\"dateModified\":\"2024-01-19T02:54:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/\"},\"wordCount\":508,\"image\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1\",\"keywords\":[\"100% financing\"],\"articleSection\":[\"Local Info\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/\",\"url\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/\",\"name\":\"How Inflation Affects Mortgage Rates&#8212;NWI Loan Guy Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1\",\"datePublished\":\"2023-08-03T10:30:00+00:00\",\"dateModified\":\"2024-01-19T02:54:07+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#\\\/schema\\\/person\\\/a2840f8950fa5f9de1d1db60cab8be1e\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/nwiloanguy.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1\",\"width\":750,\"height\":410},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/how-inflation-affects-mortgage-rates\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Inflation Affects Mortgage Rates\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/\",\"name\":\"NWI Loan Guy Blog\",\"description\":\"Home Loans and Mortgage Refinances in Indiana and Illinois\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/nwiloanguy.com\\\/blog\\\/#\\\/schema\\\/person\\\/a2840f8950fa5f9de1d1db60cab8be1e\",\"name\":\"Scott\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g\",\"caption\":\"Scott\"},\"sameAs\":[\"http:\\\/\\\/www.nwiloanguy.com\",\"https:\\\/\\\/www.facebook.com\\\/NWIHomeLoans\",\"https:\\\/\\\/x.com\\\/loan_guy\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How Inflation Affects Mortgage Rates&#8212;NWI Loan Guy Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/","og_locale":"en_US","og_type":"article","og_title":"How Inflation Affects Mortgage Rates&#8212;NWI Loan Guy Blog","og_description":"When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here&#8217;s what you need to know. The Fed is trying hard to reduce inflation. And even [&hellip;]","og_url":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/","og_site_name":"NWI Loan Guy Blog","article_publisher":"https:\/\/www.facebook.com\/NWIHomeLoans","article_author":"https:\/\/www.facebook.com\/NWIHomeLoans","article_published_time":"2023-08-03T10:30:00+00:00","article_modified_time":"2024-01-19T02:54:07+00:00","og_image":[{"width":750,"height":410,"url":"http:\/\/nwiloanguy.com\/blog\/wp-content\/uploads\/2023\/08\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg","type":"image\/jpeg"}],"author":"Scott","twitter_misc":{"Written by":"Scott","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/#article","isPartOf":{"@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/"},"author":{"name":"Scott","@id":"https:\/\/nwiloanguy.com\/blog\/#\/schema\/person\/a2840f8950fa5f9de1d1db60cab8be1e"},"headline":"How Inflation Affects Mortgage Rates","datePublished":"2023-08-03T10:30:00+00:00","dateModified":"2024-01-19T02:54:07+00:00","mainEntityOfPage":{"@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/"},"wordCount":508,"image":{"@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2023\/08\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1","keywords":["100% financing"],"articleSection":["Local Info"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/","url":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/","name":"How Inflation Affects Mortgage Rates&#8212;NWI Loan Guy Blog","isPartOf":{"@id":"https:\/\/nwiloanguy.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/#primaryimage"},"image":{"@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2023\/08\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1","datePublished":"2023-08-03T10:30:00+00:00","dateModified":"2024-01-19T02:54:07+00:00","author":{"@id":"https:\/\/nwiloanguy.com\/blog\/#\/schema\/person\/a2840f8950fa5f9de1d1db60cab8be1e"},"breadcrumb":{"@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/#primaryimage","url":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2023\/08\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1","contentUrl":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2023\/08\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1","width":750,"height":410},{"@type":"BreadcrumbList","@id":"https:\/\/nwiloanguy.com\/blog\/how-inflation-affects-mortgage-rates\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nwiloanguy.com\/blog\/"},{"@type":"ListItem","position":2,"name":"How Inflation Affects Mortgage Rates"}]},{"@type":"WebSite","@id":"https:\/\/nwiloanguy.com\/blog\/#website","url":"https:\/\/nwiloanguy.com\/blog\/","name":"NWI Loan Guy Blog","description":"Home Loans and Mortgage Refinances in Indiana and Illinois","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nwiloanguy.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nwiloanguy.com\/blog\/#\/schema\/person\/a2840f8950fa5f9de1d1db60cab8be1e","name":"Scott","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7070c0e7f57008527a09dbef24de155ba16daedbf61748d3598995b65c3c0ce5?s=96&d=mm&r=g","caption":"Scott"},"sameAs":["http:\/\/www.nwiloanguy.com","https:\/\/www.facebook.com\/NWIHomeLoans","https:\/\/x.com\/loan_guy"]}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/nwiloanguy.com\/blog\/wp-content\/uploads\/2023\/08\/20230803-How-Inflation-Affects-Mortgage-Rates.jpg?fit=750%2C410&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p65HxI-1jy","jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts\/5056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/comments?post=5056"}],"version-history":[{"count":2,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts\/5056\/revisions"}],"predecessor-version":[{"id":5498,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/posts\/5056\/revisions\/5498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/media\/5057"}],"wp:attachment":[{"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/media?parent=5056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/categories?post=5056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nwiloanguy.com\/blog\/wp-json\/wp\/v2\/tags?post=5056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}