“Marry the house, date the rate.” The idea, boosted by Realtors, mortgage bankers and influencers as interest rates started rising in 2022, was that buyers shouldn’t worry too much about loan costs. Focus instead on getting the house you want, then refinance when rates inevitably came down. Michelle Amponsah reports. (Source: Bloomberg)
Latvia Central Bank Governor Mārtiņš Kazāks said further monetary tightening may be necessary if elevated energy prices persist and risk spilling into broader inflation.
