Tag Archives: personal consumption expenditures price index

Mortgage rates pop to highest level since September 2025

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Hopes of a robust spring homebuying season are quickly running into harsh economic realities related to the war in Iran, inflation and other factors. Continue reading →

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 →

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 →

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 →