Tariff Effects on Inflation Appear to Show Up in June Reading
At last month’s Federal Open Market Committee (FOMC) meeting, Federal Reserve Chair Jerome Powell said he expected the effects of ...
Tag: Real Estate Economics
Mortgage Rates Increase Following Strong Jobs Report
Following five weeks of falls, mortgage rates reversed course and saw an increase this week, according to the recent Freddie ...
Upbeat New Jobs Report in June Leaves Housing in ‘Holding Pattern’
In a highly anticipated report on job growth from the Bureau of Labor Statistics on July 3, U.S. employers added ...
Lower Rates Drive Conventional, Refinance Application-Increase This Week
Mortgage applications increased again this week, mostly still thanks to refinances but conventional and VA applications contributed too, following a ...
Fed Chair Blames Tariffs for Pause, Uncommitted on July Rate Cut
Federal Reserve Chair Jerome Powell, speaking on a panel of central bankers Tuesday morning, declined to commit to a timeline ...
Consumer Sentiment Beats Forecast, but Down Year-Over-Year
Consumers appear to be feeling more hopeful as summer begins and tariffs remain relatively low impact at the moment, according ...
Fed Chair Pressed on Housing Crisis Amid Political Pressure to Cut Rates
Federal Reserve Chair Jerome Powell faced intense congressional scrutiny this week over the housing market and his approach to interest ...
Mortgage Rates Decline, Continue to Hold in Steady Territory
As rates dip a bit more this week, economists point to a several-months-long stretch of little fluctuation and a short-term ...
Refinancing Drives Mortgage Application Increase This Week
Amid Middle East and continuing economic uncertainty and mortgage rates edging higher, mortgage applications still saw an increase this week, ...
Consumer Confidence Retreats in June, Erasing Some Recent Gains
The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next ...
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