Fed’s Favorite Inflation Measure Remains Elevated
Despite some reports showing lower trends in inflation, the Federal Reserve's preferred inflation measure continues to remain elevated ahead of ...
Tag: Real Estate Economics
Despite Uptick, Buyers Responding to Current Rate Environment
The average mortgage rate remaining at or around the low 6% range continues to spur buyer activity, but economists warn ...
Mortgage Applications Increase for Fourth Straight Week
With the war in Iran causing market volatility this past week including an average mortgage rate increase from below and ...
Inflation Trends Lower, but Future Uncertain With Rising Geopolitical Tensions
Inflation appeared to once again be on the right track for the Federal Reserve’s 2% goal, according to the latest ...
Economists Warn ‘Wartime Inflation’ Could Push Rates Higher
After a brief dip into the fives, mortgage rates ticked back up this week and will likely continue to rise ...
Refinance Activity Increases to Strongest Pace Since 2022
Overall applications for home purchases increased for the third-straight week while refinance activity increased for the fourth, their lowest level ...
Mortgage Rates Drop Below 6% for the First Time in Over 3.5 Years
Just in time for the spring buying season, average mortgage rates crossed “into the fives,” this past week, their lowest ...
Home Loan, Refi Applications Continue to Increase, Following Lower-Rate Trends
Home loan application activity increased this past week, up slightly from the previous week and following the trend of steady ...
Home Prices See Weakest Full-Year Gain In Over a Decade
Home price growth continues to decelerate as some market stabilization occurs ahead of the spring buying season, according to the ...
Consumer Confidence Up Slightly in February But Pessimism Endures
Consumers’ perception of the economy plays as vital a role in shaping market activity as hard economic data, as consumers ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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