How the housing market is raising the roof on inflation

The housing market is one of the major drivers of today’s inflation trends, with affordability pressures touching millions of households. As home prices, rental rates, and borrowing costs continue to shift, understanding their impact on overall inflation is more important than ever. In this episode, Nationwide economists Ben Ayers and Oren Klachkin discuss the forces behind shelter inflation, the recent proposal for Fannie Mae and Freddie Mac to buy mortgage-backed securities to lower mortgage rates, and when conditions may start to feel more normal for buyers and renters. [NFM-22911AO]