Potential For Declining Rates This Summer, Following CPI Report
Norada Real Estate Investments said "rates likely to decline" after the latest CPI report.
Tagged: CPI
Inflation Persists In February
Despite a 3.2% increase from last year, Federal Reserve is expected to hold off amid lingering inflation concerns; housing expenses remain stubbornly high.
Mortgage Rates Dip As Inflation Eases
Decline leads to optimism about a stable rate environment and a potential rise in home sales in the upcoming year.
Mortgage Rates Rise For 3rd Straight Week, Approach 7%
Both the 30-year and 15-year fixed mortgages reach their highest levels since November.
Annual Inflation Drops to 3% In June, Lowest In 2 Years
The increase in the CPI is down from 9.1% at the same point last year.
Annual Inflation Slows To 4% In May
Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
Annual Inflation Dips To 4.9%, Lowest Rate In 2 Years
Consumer Price Index rose 0.4% in April from a month earlier.
Annual Inflation Slows To 5% In March, A 2-Year Low
March marks the 23rd consecutive month of annual inflation at 5% or above.
Annual Inflation Eases In January, But Monthly Rate Spikes
Analyst: Housing inflation at highest rate since 1982.