Inflation moved away from Fed’s 2 percent target for the second month in a row, with the cost of goods and services rising 2.7 percent from a year ago, up from 2.3 percent in April.
Source: Inman News
Mortgage rates are headed up again on June CPI inflation report
Published in AP, Associated Press, Budget Lab at Yale, bureau of labor statistics, CME FedWatch Tool, CME Group, consumer price index, cpi, federal funds rate, federal reserve, inflation, inman, Investing, Jerome Powell, Markets & Economy, Mortgage, mortgage rates, mortgage-backed securities, Optimal Blue, personal consumption expenditures, personal consumption expenditures price index, Sam Williamson, Samuel Tombs, san diego, Select, Tariffs and trump
More from APMore posts in AP »
More from Associated PressMore posts in Associated Press »
- DOJ opens criminal investigation into Fed Governor Lisa Cook
- Kelman: ‘I probably should have closed the iBuying business earlier’
- Hundreds of public figures escaped taxes through real estate: Report
- Appraisal licensing controversy engulfs South Dakota governor
- Price drops and slow sales: The new normal at NYC Trump properties
More from Budget Lab at YaleMore posts in Budget Lab at Yale »
More from bureau of labor statisticsMore posts in bureau of labor statistics »
More from CME FedWatch ToolMore posts in CME FedWatch Tool »
More from CME GroupMore posts in CME Group »
- Homebuying off to strongest November start since 2022
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Mortgage rates spike as Powell warns December rate cut is iffy
- Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’
- Homebuyer demand surges as mortgage rates tumble to 2025 low
More from consumer price indexMore posts in consumer price index »
- Mortgage rates spike as Powell warns December rate cut is iffy
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
- Homebuyer demand surges as mortgage rates tumble to 2025 low
More from cpiMore posts in cpi »
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
- Rising inventories have more homebuyers going to their lender
- May CPI misses projections even as tariff effects hold off
- Homebuyers out in force for a 2nd week as mortgage rates stabilize
More from federal funds rateMore posts in federal funds rate »
- Mortgage rates spike as Powell warns December rate cut is iffy
- Lower mortgage rates spur homebuyers, but mostly refis
- Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’
- Should they stay or go (down) now? Forecasters are split on where mortgage rates will be in 2026
- What is the Federal Reserve, and how does it impact real estate?
More from federal reserveMore posts in federal reserve »
More from inflationMore posts in inflation »
- Homebuying off to strongest November start since 2022
- Demand for mortgages cools as rates rebound from 2025 low
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so
- Mortgage rates spike as Powell warns December rate cut is iffy
More from inmanMore posts in inman »
- RateMyAgent and Curated Social merge to form Renowned platform
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Inman is celebrating 30 years of community, and you’re invited
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
More from InvestingMore posts in Investing »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- What’s driving multifamily’s market resurgence?
- Real estate beats Wall Street: How agents become wealth advisors
- Feds bust real estate execs in $25.9M scheme against homeless
- 6 intelligent tech tools every agent-landlord can leverage
More from Jerome PowellMore posts in Jerome Powell »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- Heard of a K-shaped economy? You’re living in it now
- Demand for mortgages cools as rates rebound from 2025 low
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
More from Markets & EconomyMore posts in Markets & Economy »
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Leadershift: How brokers and team leaders can prepare for 2026
- Stop freaking out about 50-year mortgages. They might save the housing market
- What’s driving multifamily’s market resurgence?
More from MortgageMore posts in Mortgage »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- FICO scores, magic phrases, earnings digs: Inman Top 5
- Stop freaking out about 50-year mortgages. They might save the housing market
- Homebuying off to strongest November start since 2022
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
More from mortgage ratesMore posts in mortgage rates »
- Homebuying off to strongest November start since 2022
- Veterans have been ‘priced out,’ left behind by the housing market
- Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Demand for mortgages cools as rates rebound from 2025 low
More from mortgage-backed securitiesMore posts in mortgage-backed securities »
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- New Fannie, Freddie housing goals may hurt working families
- Fannie and Freddie build net worths for planned Q2 2026 public offering
- Mortgage rates spike as Powell warns December rate cut is iffy
- Lower mortgage rates spur homebuyers, but mostly refis
More from Optimal BlueMore posts in Optimal Blue »
- Homebuying off to strongest November start since 2022
- Demand for mortgages cools as rates rebound from 2025 low
- Lower mortgage rates spur homebuyers, but mostly refis
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Mortgage rates ebb as Powell hints at end of ‘quantitative tightening’
More from personal consumption expendituresMore posts in personal consumption expenditures »
More from personal consumption expenditures price indexMore posts in personal consumption expenditures price index »
More from Sam WilliamsonMore posts in Sam Williamson »
More from Samuel TombsMore posts in Samuel Tombs »
- Fed signals it’s just getting started with 1/4 percentage point rate cut
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
- Homebuyer demand surges as mortgage rates tumble to 2025 low
- Massive downward jobs revision not budging mortgage rates
- Mortgage rates plummet to new 2025 low on anemic jobs report
More from san diegoMore posts in san diego »
- Inman is celebrating 30 years of community, and you’re invited
- The anti-lawsuit way of presenting your fee: Now Streaming
- Tech Review: Guest House shrinks time-to-market with listing prep
- Free criminal background checks, smart lead generation and game-changing technology
- 5 types of social posts that are filling agents’ pipelines right now (with examples to copy)
More from SelectMore posts in Select »
- Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud
- RateMyAgent and Curated Social merge to form Renowned platform
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- NAR scores a victory in buyer commission lawsuit
- Where else is Zillow not enforcing its private listing ban?
More from TariffsMore posts in Tariffs »
- Embattled Fed Governor Lisa Cook says tariffs fueling inflation
- Trump tariff policy has soured Canadian interest in US properties
- Most Americans think mortgage rates and home prices have peaked
- Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week
- Homebuyer demand surges as mortgage rates tumble to 2025 low
More from trumpMore posts in trump »
- There’s nobody in charge of looking out for waste, fraud and abuse at Fannie and Freddie’s regulator
- Fannie Mae guts ethics and internal investigations unit: WSJ report
- Fannie and Freddie build net worths for planned Q2 2026 public offering
- Trump administration lays out 5-year goals for Fannie, Freddie
- Government shutdown nails housing programs in Week 2
Be First to Comment