The Federal Reserve’s preferred inflation gauge moved in the wrong direction last month for the first time since September, but core inflation fell for the…
Posts published in “inflation”
With a key inflation report due Friday, mortgage rates and long-term Treasury yields have retreated to levels not seen in two weeks after Fed signals…
In addition to anticipating three rate cuts this year, Federal Reserve policymakers are considering whether to taper the pace at which they unwind the central…
After two consecutive weeks of rising demand, applications for purchase mortgages dropped by a seasonally adjusted 1 percent last week compared to the week before,…
The recent surge in mortgage rates could take some air out of a projected rebound in 2024 home sales, with deals driven mostly by households…
Mortgage rates push back through 7 percent as more worrisome inflation data puts to rest any lingering hopes for a Federal Reserve rate cut this…
Purchase loan applications surged for the second week in a row last week, but now rates are headed back up as worrisome inflation data casts…
Inflation rose 0.4 percent in February to an annual rate of 3.2 percent, with shelter and gas costs contributing substantially to the uptick, according to…
Purchase loan applications jump by a seasonally adjusted 11 percent after five consecutive weeks of declines as mortgage rates continue to retreat from 2024 highs. …
The Federal Reserve’s moves to trim $35 billion in mortgages from its balance sheet each month could keep mortgage rates from falling dramatically this year. …