Tag Archives: federal reserve

Tariff fears sour consumer sentiment, push mortgage rates up

By | | Uncategorized
Comments Off on Tariff fears sour consumer sentiment, push mortgage rates up

The University of Michigan Index of Consumer Sentiment fell 11 percent from March to April and is now lower than it was during the Great Recesssion. Continue reading →

Inflation eased in March, but tariff impacts remain to be seen

By | | Uncategorized
Comments Off on Inflation eased in March, but tariff impacts remain to be seen

Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4 percent last month, but the impact of tariffs is unlikely to show up in data until May. Continue reading →

Pressure on mortgage rates eases as Trump pauses higher tariffs

By | | Uncategorized
Comments Off on Pressure on mortgage rates eases as Trump pauses higher tariffs

Stocks rebounded and pressure on interest rates eased after Trump announces 90-day pause on country-specific “reciprocal tariffs” with the exception of 125 percent duties on Chinese goods. Continue reading →

Agent outlook on client pipelines continues to slide: Intel Index

By | | Uncategorized
Comments Off on Agent outlook on client pipelines continues to slide: Intel Index

Agent pipelines appear to be better in March than expected, but the market outlook from listing agents took a pessimistic turn, according to the latest results from the Inman Intel Index survey. Continue reading →

Mortgage rates down sharply as tariff worries spark flight to safety

By | | Uncategorized
Comments Off on Mortgage rates down sharply as tariff worries spark flight to safety

Heightened fears of a trade war and recession have investors convinced that the Fed will start cutting rates again in June — a sentiment that gives mortgage rates more room to come down. Continue reading →

Homebuyers are responding to stable rates, rising inventories

By | | Uncategorized
Comments Off on Homebuyers are responding to stable rates, rising inventories

Demand for purchase mortgages has been stronger than a year ago for more than two months as mortgage rates stay well below 2025 highs seen in January, lender surveys show. Continue reading →

Rates have room to come down as economy cools: Fannie Mae

By | | Uncategorized
Comments Off on Rates have room to come down as economy cools: Fannie Mae

Tariffs are expected to rekindle inflation and slow economic growth, but the recent pullback in mortgage rates should provide a “small boost” to home sales this year, economists say. Continue reading →

Pending home sales tick up as buyers make cautious comeback

By | | Uncategorized
Comments Off on Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading →

Pending home sales tick up as buyers make cautious comeback

By | | Uncategorized
Comments Off on Pending home sales tick up as buyers make cautious comeback

The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading →

Homebuyers respond as mortgage rates hover near 2025 lows

By | | Uncategorized
Comments Off on Homebuyers respond as mortgage rates hover near 2025 lows

Purchase loan requests are up 7 percent from a year ago, as loosening housing inventory and a pullback in mortgage rates presents FHA buyers with more opportunities. Continue reading →