Tag Archives: inflation

Listing shortages kept prices from falling in Q1: Fannie Mae

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The mortgage giant’s quarterly Home Price Index shows national home prices were up 1 percent during the first quarter of 2023 compared to the final three months of 2022. Continue reading →

Housing costs remain stubbornly high despite relief on food, energy

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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 →

Poll shows most Americans still think it’s a bad time to buy

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Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs. Continue reading →

Falling mortgage rates and home prices spur homebuyer interest

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Demand for purchase loans picks up for the fourth straight week as mortgage rates continue to retreat from 2023 highs, according to the latest Mortgage Bankers Association survey released Wednesday. Continue reading →

Rent peaked in February 2022. Here’s why it’s still driving inflation

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Private indexes show that rent peaked in early 2022. But the impact of the rapid increase in rent could still show up in inflation readings for months, economists told Inman. Continue reading →

Fed Chair Jerome Powell signals latest rate hike could be the last

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Mortgage rates expected to ease even as Fed vows to continue “quantitative tightening” that’s trimming mortgage holdings by $35 billion a month. Continue reading →

Homebuyer demand up 3rd week in a row as mortgage rates ease

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The unusually wide “spread” between 10-year Treasury yields and 30-year fixed-rate mortgages means mortgage rates could have more room to come down. Continue reading →

The tug-of-war between millennials and boomers heats up this spring

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Five real estate experts explain how rising mortgage rates, inflation and economic uncertainty could impact baby boomers and millennials this spring and how both groups can succeed in the short and long term. Continue reading →

‘Just a freakish bit of data’: Sticker shock imperils spring home demand

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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 →