July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief
Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year
Tagged: CPI
Bipartisan Push To Boost Affordable Housing
The bipartisan Housing Affordability Act would let the FHA use a construction-cost index instead of CPI to set loan limits
Fannie Mae Forecasts Additional Home Sales For 2025
GSE also predicts lower rates, higher originations for ’25 and ’26, with next year to eclipse this one
Potential For Declining Rates This Summer, Following CPI Report
Norada Real Estate Investments said "rates likely to decline" after the latest CPI report.
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.