Homebuyers have responded to a pullback in mortgage rates from January highs, but tariffs on imported goods could keep inflation elevated and halt the downward trend in rates. Continue reading
Mortgage rates eased Friday as investors took stock of new data showing employers added 151,000 workers to their payrolls in February and the unemployment rate ticked up to 4.1 percent. Continue reading
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word. Continue reading
Investors who fund most home loans are now convinced that the Federal Reserve won’t cut rates again until June after employers add 256,000 jobs in December. Continue reading
Employers added 336,000 jobs in September, the biggest jump since January, raising the odds that the Fed will pursue “higher for longer” rate strategy. Continue reading
The U.S. Consumer Price Index cooled to 5 percent in March compared to a year ago, but remained elevated overall despite efforts from the Federal Reserve to curb inflation, according to the Bureau of Labor Statistics. Continue reading
Economists revealed to Intel how mortgage rates and inflation will bring the spring homebuying market back toward historical norms and become the new sales benchmark for years to come. Continue reading
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
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 costs were the biggest contributor to inflation in January, according to new data from the Bureau of Labor Statistics. Increased food and energy costs were smaller by comparison. Continue reading