Mortgage rates have some room to come back down in June after PCE price index shows annual inflation easing to 2.65 percent in April, and Q1 2024 GDP growth revised downward to 1.3 percent.
Source: Inman News
Rates ease as inflation gauge moves in the right direction
Published in Core PCE, economic indicators, fannie mae, fed, federal reserve, freddie mac, Ian Shepherdson, Markets & Economy, mba, Mortgage, Mortgage Bankers of America, mortgage forecast, PCE and Select
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