Mortgage Mix: Powell Grilled on Inflation; Rates Once Again Back Below 7%
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Tag: Inflation
Report: Share of Homeowners With Sub 5% Mortgage Rate Shrinks Significantly
The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift, ...
Biden Lauds CPI’s June Inflation Data; Lower Rates May Be on the Way
Mortgage rates may finally start to begin a steady lower trajectory nationally following encouraging news on inflation. The Consumer Price ...
Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as ...
Consumer Sentiment Continues to Waver in June
Consumer sentiment continued to waver in June, as economic signs gave little hope for inflation relief in the near future. ...
Rate Cuts Possible as Inflation Numbers Show Progress
Finally, inflation numbers open up the door for the Federal Reserve to potentially cut rates this September. The personal consumption ...
Economic Index Fell Again in May; Year-Over-Year Growth Looking Up
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in ...
Fed Leaves Rates Unchanged Despite Slowing Inflation, Projects Only One Rate Cut in 2024
The Federal Reserve stood firm again, leaving its benchmark rate unchanged at its current 23-year high after the Fed’s two-day ...
Inflation Unchanged in May; Neutral News for Potential Fed Rate Cut
The Consumer Price Index (CPI), an inflation gauge measuring goods and services costs across the U.S. economy, was unchanged in ...
May Sees a Stronger Jobs Report; Pros Give Mixed Reviews
The U.S. added 272,000 jobs to the market in May, higher than the average monthly gain of 232,000 over the ...
4 Ways to Market to the Next Generation of Buyers
With Gen Z ascendent and the oldest Gen Alphas approaching adulthood, how will the "brainrot" of online subculture affect future homebuyers? Read more.
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