Tag Archives: consumer price index

Homebuyer demand surges as mortgage rates tumble to 2025 low

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Applications for purchase mortgages hit their highest level since July last week, and rates keep falling on weak jobs reports and more encouraging inflation data Continue reading →

US home prices see modest annual gains, but lag behind inflation

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The S&P Cotality Case-Shiller Index reported home price gains of 1.9 percent while the FHFA reported nationwide home price gains of 2.9 percent. Inflation sits at 2.7 percent, which still leaves consumers in a sticky situation. Continue reading →

Mortgage rates hit 4-month low and have more room to drop

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Homeowners scrambled to refinance last week as mortgage rates dropped to the lowest level in four months, with homebuyer demand also up by double digits from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Mortg… Continue reading →

Mortgage rates drop with stocks on surprise jobs report and new tariffs

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Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June. Continue reading →

In split vote, Fed policymakers snub Trump, leave rates unchanged

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With job market stable and economy chugging along, futures market investors now think the odds of a September rate cut are less than even. Continue reading →

It’s a higher-for-longer world, and we’re just living in it: Economist

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Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading →

It’s a higher-for-longer world, and we’re just living in it: Economist

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Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading →

It’s a higher-for-longer world, and we’re just living in it: Economist

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Windermere Economist Jeff Tucker looks at recent economic indicators to determine if or when interest rates might finally come down. Continue reading →

Mortgage rates are headed up again on June CPI inflation report

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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. Continue reading →

Amid a fairly flat market, May held some nice surprises: Economist

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Windermere Economist Jeff Tucker looks at recent economic indicators, including some surprising upside despite a disappointing spring market. Continue reading →