Tag Archives: consumer price index

Mortgage rates surge past 6% on fears of Fed tightening

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Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Continue reading →

Mortgage rates under pressure again with inflation at 40-year high

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Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Continue reading →

Inflation hits 8.5%, highest mark since 1981. Housing is only part of it

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Rents rose by 0.4 percent from February to March — a slowdown from recent months even as gas and food costs spiked, according to the latest Consumer Price Index, released Tuesday Continue reading →

It’s official: Inflation ramps up to fastest annual pace in 40 years

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It’s not just the housing market. The prices of U.S. consumer goods have been rising faster than at any 12-month period since 1982, according to the Consumer Price Index, released Friday. Continue reading →