After the Federal Reserve approved the second rate cut of the year, mortgage rates moved in the opposite direction as investors who fund most home…
Posts published in “consumer price index”
Economists with the mortgage giant shared a glimmer of good news for real estate professionals in a pair of new forecasts. Source: Inman News
In predicting that mortgage rates will drop below 6 percent next year, economists at Fannie Mae are more optimistic about growth and less worried about…
Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting three small rate cuts this…
Applications for purchase mortgages hit their highest level since July last week, and rates keep falling on weak jobs reports and more encouraging inflation data …
The S&P Cotality Case-Shiller Index reported home price gains of 1.9 percent while the FHFA reported nationwide home price gains of 2.9 percent. Inflation sits…
Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly. …
Homeowners rushed to refinance last week, and lender data shows homebuyer demand for purchase loans is up 17 percent from a year ago with Federal…
Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in…
Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Source: Inman News