Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a ...
Tag: Economy
Consumer Confidence Sees First Increase in 3 Months as Sentiment Hits Low
Consumers are experiencing conflicting feelings about the economy as differing reports come in from The Conference Board and University of ...
Fannie Mae Projects Mortgage Rates Will Remain Near 7% Through 2024
The latest research from the Fannie Mae Economic and Strategic Research (ESR) Group suggests that earlier projections for lower mortgage ...
Inflation Eases in April; Good News for Potential Fed Rate Cut
The Consumer Price Index (CPI) increased 0.3% in April on a seasonally adjusted basis, after rising 0.4% in March, the ...
Consumer Confidence Retreats in April
Consumers have been feeling the waves of unrest in the economy, with mortgage rates now back up above 7% and ...
With Prices Stubbornly High in March, Rates Likely Won’t Lower Soon
In a Consumer Price Index (CPI) report April 10, those hoping mortgage rates would soon decline once the Fed lowered ...
Consumer Confidence Sees Little Change in March
Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data ...
Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the ...
Leading Index: ‘No Recession in 2024’
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a ...
Housing Inventory Continues to Climb, Growing for Third Straight Month
In another positive sign for a more robust spring buying season and shift in what has been one of the ...
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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