In anticipation of Tuesday’s inflation reading, mortgage rates eased compared to last week. HousingWire’s Mortgage Rate Center showed the average 30-year fixed rate for conventional loans at 7.08% on Tuesday, down from... Read more »
Recently released government data hammered home what we have known for at least a year: A national housing shortage, not broad-based price increases, is driving inflation. Inflation over the past year was... Read more »
Federal Reserve Chair Jerome Powell reiterated Wednesday that the central bank won’t be applying any cuts to benchmark interest rates until it’s sure that inflation is under control. In his prepared testimony... Read more »
Mortgage rates continued their ascension toward 7% this week, raising doubts about the approaching spring homebuying season. The 30-year fixed-rate mortgage averaged 6.90% as of Feb. 22, an increase from last week’s... Read more »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Torsten Slok, Apollo Global Management chief economist, joins ‘Closing Bell Overtime’ to talk falling housing starts, the Federal Reserve... Read more »
The Consumer Price Index rose more than forecasted in January, highlighting again the bumpy road to disinflation. Consumer prices were up 3.1% in January from a year earlier, down from 3.4% in... Read more »
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email RealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of... Read more »
This is a question that many people are asking as we enter a new year with uncertainty and volatility in the global economy. The answer is not straightforward, as different indicators and... Read more »
These days, housing affordability is a struggle for nearly everyone. But for young adults just starting out, soaring home prices and sky-high rents have become one of the greatest obstacles to making it... Read more »
To maximize wealth transfers and avoid imminent tax exemption cuts, high-net-worth individuals are migrating accordingly. Image credit: Sotheby’s Real estate firm Sotheby’s International Realty is projecting a series of changes across global markets. According to the company’s fourth annual 2024 Luxury Outlook report,... Read more »