The impact of high housing costs is expected to fall out of inflation, giving cover for the Federal Reserve to stop raising interest rates, economists…
Posts published in “inflation”
With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy. Source:…
Some Fed policymakers say even if they skip hiking rates next week to assess the latest inflation data, that doesn’t mean they’re ready to pause…
Friday’s strong jobs report renews worries that the Federal Reserve is not done hiking rates to combat inflation as policymakers face June 14 decision to…
The Brooke Amendment — a law otherwise known as “the 30 percent rule” that has shaped U.S. housing policy since the 1960s — is in…
Requests for purchase loans were down last week by 31 percent from a year ago as rates rose to new 2023 highs and homes remained…
For investors who provide the funding for most U.S. mortgages, the debt ceiling crisis won’t be over until Congress actually votes to approve the deal…
Purchase loan applications fell by a seasonally adjusted 4 percent last week as mortgage rates surged on debt ceiling and inflation worries. Source: Inman News
Federal inflation data showed rent inflation dropped in April, about a year after rent growth rapidly slowed. Three economists explain why it took so long…
Fannie Mae economists say “extraordinarily tight” inventories of existing homes driven by mortgage lock-in effect has shifted demand toward new homes. Source: Inman News