Purchase loan applications soared 10 percent last week to the highest level since April, even though rates have been stuck in the high sixes, the…
Posts published in “inflation”
Inflation remained softer than expected in May, with consumer prices rising only modestly, suggesting that President Donald Trump’s latest tariffs have yet to ripple through,…
An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll. Source:…
Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Source: Inman News
A surge in the Conference Board’s Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look “far too…
Windermere Economist Jeff Tucker looks at how tariff walkbacks may signal that some of the Trump administration’s potentially damaging policy changes could be reversed. Source:…
Nearly twice as many Realtor.com visitors say they would be more likely to buy if a recession hits compared to the share who say they’d…