Mortgage Rates Surge to Highest Level in 3 Years
This week, the 30-year fixed-rate mortgage average increased from 4.16% last week to 4.42% this week--the highest level its reached ...
Tag: Federal Reserve
Perilous Challenges Threaten Residential Real Estate
While there is still a considerable amount of uncertainty surrounding the implications of the Russian invasion of Ukraine on the ...
Rate Hikes ‘Soon’ as Fed Walks Tightrope
Jesse Williams and Jordan Grice 
A highly scrutinized two-day meeting of the Federal Reserve that concluded Wednesday resulted in no new interest rate hikes, though ...
Inflation Climbs to Historic Levels at 7%
The Bureau of Labor Statistics (BLS) released its consumer price index (CPI) summary Tuesday morning showing an almost 40-year high ...
Mortgage Rates Inch Up Following Fed Policy Changes
The 30-year fixed-rate mortgage (FRM) averaged 3.12% for the week ending Dec. 16, according to Freddie Mac's latest Primary Mortgage ...
Forget COVID: Fed Pivots to Focus on Inflation Concerns
The Federal Reserve is queuing up to make more aggressive moves in the coming years, a departure from the easing-in ...
Inflation Concerns Persist: High Demand, Low Supply Straining the Economy
Consumer inflation increased 0.9% in October, according to the latest data from the Labor Department, which reported prices are up ...
‘It is Time to Taper,’ Fed Reveals Economic Plan
Persisting recovery shows confidence in the state of the economy.
Year-End Outlook: Real Estate Braces for Inflation, Supply Chain Disruptions
Editor’s Note: RISMedia’s Year-End Outlook series provides an in-depth analysis of the housing market’s leading indicators for economic health, and ...
Mortgage Updates: Could New Fed Approach Keep Rates Low?
On Thursday, Aug. 27, the Federal Reserve announced a major policy shift, stating it would be willing to allow inflation ...
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