Inflation Continues Decline in Latest Consumer Price Index
In a seemingly positive sign for consumers, inflation has now posted the lowest recent annual increase two months in a ...
Tag: Interest Rates
Mortgage Rates Continue Falling Ahead of Expected Rate Cut
Falling to its lowest level since May 2023, the average 30-year-fixed mortgage rate fell again this week to 6.35%, down ...
Real Estate News and Trends to Keep An Eye On
Real estate is both a hyperlocal industry and one highly susceptible to both national and macroeconomic trends. Paying attention to ...
Mortgage Applications Little Change, Small Increase
Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey ...
As Interest-Rate Cut Nears, Can It Really Spur Home Sales to Gain Traction Fast?
It’s coming. The Fed has strongly intimated that an interest rate is coming, most likely at its next meeting Sept. ...
Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September
Above, Jerome Powell The possibility of a September interest rate cut just became a much more imminent promise, according to ...
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a ...
Mortgage Applications Drop; Refinance Activity Remains High
Mortgage applications decreased 10.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey ...
Mortgage Rates Remain at Lowest Level in Over a Year
With the exception of one increase over the Fourth of July, the average mortgage rate has either dipped or remained ...
Latest CPI Data Shows Lowest Inflation Since 2021
The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, ...
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