Solved: What was the highest mortgage rate since 1971 in what year, Macroeconomics

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What was the highest mortgage rate since 1971 in what year

Obtain historical mortgage rates from the Average 30 Year Fixed Mortgage Rates chart at Mortgage News Daily (https://www.mortgagenewsdaily.com/data/30-year-mortgage-rates.aspx).

What was the highest mortgage rate since 1971?

In what year?

Compare the inflation rate from the BLS tables to the mortgage rates. What is the apparent relationship between inflation and nominal interest rates?

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