What Recession? Revised 3Q GDP Rose 2.9%
The Bureau of Economic Analysis' original estimate was 2.6%.
The Bureau of Economic Analysis' original estimate was 2.6%.
CPI slipped to 7.7% in October, the smallest YOY increase since January.
Will buyers feel that inflation is under control, or will the Fed’s move drive up mortgage rates?
Has the Fed done enough to get the economy under control, or could market conditions push mortgage rates up further?
The Federal Reserve is likely to raise rates next week and again in December, January
This latest surge keeps pricing out would-be buyers.
Freddie Mac says the 30-year fixed-rate mortgage is still under 7%; others say it's crossed that threshold.
The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.