America’s Housing Affordability Crisis: Perspectives From the New York Fed Event
Housing affordability remains a main concern—not just for individuals looking to buy their first home, but for the broader economy, ...
Tag: Economy
Inflation Up for the Third Straight Month, Though Economists See Silver Lining
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September, ...
Fed Predicts Inflation Will Fall, but Slower Than Anticipated in 2025
The Federal Reserve (Fed) has predicted that inflation will continue to slow in 2025, albeit at a slower pace than ...
Consumer Confidence Drops in December After Previous Monthly Increases
2024 is closing out with a dip in consumer confidence, according to the latest monthly report from the Conference Board. ...
Consumer Sentiment Rises for Fifth Straight Month in December
The University of Michigan’s consumer sentiment index improved for the fifth consecutive month in December, rising about 3% to its ...
Key Inflation Rate Hits 2.4% in November, Near 2% Fed Target
Inflation rose slightly in November, according to a U.S. Bureau of Economic Analysis report released December 20, as a recent ...
Leading Index Reverses Course, Up for the First Time Since February
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where ...
Fed Cuts Interest Rates by a Quarter-Point, Third Cut This Year
As widely expected, Federal Reserve (Fed) officials lowered interest rates again, marking the third cut this year—although markets wobbled based ...
Inflation Numbers Rise Slightly in October; Rate Hike Up in the Air
Inflation rose slightly in October as the Federal Reserve tries to decide how much it should lower interest rates, the ...
Mortgage Mix: Rates Level Off; Mr. Cooper Class-Action Dismissed
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday ...
Red (Flag) Alert! Guiding Buyers After Discovering a Property’s Problems
In most states, homesellers are legally required to disclose any known material defects or issues with the property. But that can be a slippery slope, with iffy problems that might have been masked. Read more.
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