Cooling inflation is cooling home prices, Redfin report indicates
Tagged: Inflation
Median sale price reaches $394,000; new inflation is data promising, Redfin analysts say
“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.
Hot May jobs report signals further delays in rate cuts, according to the MCT June Indices report
The ESR Group forecasts overall economic growth to slow and mortgage rates to end the year near 7%.
Department of Labor's April Consumer Price Index increased in line with expectations
Nearly one-third of consumers said it is difficult or very difficult for them to pay their recurring debts on time.
The consumer confidence index fell to 97 in April from March’s 103.1 reading.
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
Fannie Mae forecasts fewer Federal Reserve rate cuts this year.