Fed Pauses, But Projects Higher Rates Next Year
For just the second time in 19 months, the Federal Reserve chose today to meet without raising interest rates, leaving ...
Tag: Federal Reserve
Economists Predict Longer-Term Housing Rally at RISMedia CEO & Leadership Exchange
Above: Bright MLS Chief Economist Dr. Lisa Sturtevant. Photo by AJ Canaria. In 1992, pundit James Carville coined the phrase ...
Inflation Ticks Up—Is It a Blip or a Warning?
For the first time in almost a year, the Consumer Price Index (CPI) tracked a month-to-month increase in headline inflation, ...
Mortgage Mix: Rocket Shakes Up C-Suite; GSEs Downgraded
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Housing Recession ‘Essentially Over,’ Says NAR Economist
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing ...
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
U.S. Inflation Falls to 3% in June Ahead of Critical Fed Decision
The downward trajectory of U.S. inflation has held firm as the latest Consumer Price Index (CPI) released this morning provided ...
Some Fed Officials Were Willing to Raise Rates in June
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, ...
Consumer Spending Sees Slight Increase in May
The latest personal consumption expenditure (PCE) index—the Fed's preferred inflation measurement—shows personal spending grew by 0.1% in May, marking the ...
New Report Predicts Lower-Than-Expected Home Sales
After turbulence in the banking sector and an overall shaky first half of 2023 characterized by high mortgage rates and ...
The All-Cash Offer: Still a Home-Buying Slam-Dunk Strategy?
Buying a house for cash, meaning no mortgage, can seem like the most strategically savvy and best way to gain an accepted offer. But there are subtle pros and cons to such a maneuver, more so for the buyer, but also for the seller. Read more.
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