Tag Archives: inflation

Homebuyers respond as mortgage rates hover near 2025 lows

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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 →

Surprise Fed move takes some pressure off of mortgage rates

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Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they’re more worried about inflation than they were in December. Continue reading →

Inflation, job worries drive ‘horrific’ consumer confidence report

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Republicans are less worried about the future than Democrats and Independents, but “consumers from all three political affiliations are in agreement that the outlook has weakened since February.” Continue reading →

Encouraging CPI inflation report does little for mortgage rates

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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 →

Weak February jobs report moves the needle on mortgage rates

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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 →

Homebuyers and homeowners jump on big drop in mortgage rates

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Requests to refinance surged 37 percent last week and were up 83 percent from a year ago after the biggest one-week decline in mortgage rates since November, the MBA’s latest weekly lender survey shows. Continue reading →

Inflation is cooling. But is the economy about to crash?

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After moving in the wrong direction for three months, annual inflation cooled to 2.5 percent in January. But the biggest drop in consumer spending since February 2021 has one model predicting that the economy is shrinking. Continue reading →

Trump signals tariffs on Canada, Mexico will take effect March 4

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There’s rising anxiety among investors and consumers about the potential impacts of a trade war, surveys show, with stock prices and bond yields retreating as March 4 deadline looms. Continue reading →

Mortgage rates seen as staying higher for longer as Fed pauses

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Economists and bond market investors have been surprised by the continued strength of the economy, and are wary of the potential for tariffs, tax cuts and deportations to reignite inflation. Continue reading →

Mortgage rates in retreat as investors weigh Trump’s approach

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After surprise inflation report, Trump administration says the Federal Reserve’s interest rate decisions will be exempt from its attempt to exert more control over independent federal agencies Continue reading →