Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

Demand for purchase loans sinks as mortgage rates rebound

Mortgage rates have been inching up from 2023 lows following a strong jobs report and January’s Consumer Price Index readout, which shows only a slight cooling in inflation. Continue reading

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

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