Consumer Price Index—Including Housing Costs—Inches Up
The ongoing back-and-forth over tariffs has caused concerns about costs of imported goods, passed onto U.S. consumers, spiking inflation. The ...
Tag: Real Estate Economics
Mortgage Applications Surge This Week
While the state of the economy may still be experiencing some uncertainty, it appears that increasing inventory in some areas ...
Job Growth Slows, but Remains Steady in May
Jobs continued to see growth in May, albeit at a slower rate than previous months, as the unemployment rate remained ...
Mortgage Rates Dip This Week
A drop in rates coupled with continued inventory increases and slowing price growth has been welcome news to homebuyers this ...
Short-term Mortgage Applications Continue to Decrease, Still Up from Last Year
The average 30-year mortgage rate landed at 6.92% last week, leading to a third week of declines in mortgage applications ...
Fed Chair Speech Lauds History of the Fed; No New Rate Updates
Fed Chair Jerome Powell, speaking at the Federal Reserve Board’s International Finance Division 75th Anniversary Conference in Washington, D.C., June ...
Consumer Sentiment Evens Out in May, Despite Long-Term Uncertainty
Consumer sentiment appears to have evened out in May as economic issues like inflation and trade wars are so far ...
Inflation Numbers Mild in April; Tariffs Not Impactful Yet
Inflation was mild in April as President Trump’s tariffs policy, which has generally been put on hold for the time ...
Mortgage Rates Inch Up but Remain Under 7%
Mortgage rates have been described as steady over the last nearly 20 weeks but continued economic volatility is related to ...
Mortgage Application Activity Decreases for Second Consecutive Week
Rising mortgage rates and ongoing market volatility resulted in a second week of purchase activity pullbacks, but activity is still ...
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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