Consumers Might Finally Be Accepting the Higher Mortgage Rate Environment
Consumers are becoming less optimistic about mortgage rates decreasing, as Fannie Mae’s latest survey shows a significant drop in those expe…
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Personal Consumption Expenditures (PCE) Index for December
The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) Index, showed a 0.3% monthly rise in December…
Lee masConsumers Sing a Different Tune Than the Latest Jobs Report
The latest BLS Jobs Report showed strong job growth and a drop in unemployment from 4.2% to 4.1%. However, consumer surveys tell a different…
Lee masInflation Moderation Offers Positive Signal For The Fed
The December Consumer Price Index (CPI) report showed a continued moderation in inflation, offering a positive signal for the Federal Reserv…
Lee masGood News For Credit Reporting
On January 7th, the Consumer Financial Protection Bureau (CFPB) finalized a new rule that will erase $49 billion in medical debt from the cr…
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Precalifíquese Llame al 800-778-9044Inflation Index Lower Than Expected and Could Be Getting Better in ‘25
The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) Index, showed headline inflation rose 0.128%…
Lee masMore Sellers Are Listing Their Homes
New listings of homes for sale rose 7.6% year over year in the four weeks ending December 15, marking the second-largest annual increase sin…
Lee masHomeowners’ Equity Continues to Increase
CoreLogic shared homeowners with mortgages, which make up 62% of all homes, gained $425 billion in equity over the past year, an increase of…
Lee masThe Fed’s Favorite Rate of Inflation and Its Impact on Mortgage Rates
The Fed’s preferred inflation measure, PCE, showed headline inflation rose 0.2% in October, pushing the yearly rate from 2.1% to 2.3%, both…
Lee masExisting Home Sales Stronger Than Estimates
Existing Home Sales rose 3.4% in October to a pace of 3.96 million units, beating expectations. This marks a 2.9% increase from last year, t…
Lee masHomeownership is More Than Just Having a Place to Live
Inflation has cooled recently but remains significant when viewed cumulatively, with the Consumer Price Index rising over 20% in the past fo…
Lee masNAR Chief Economist Lawrence Yun’s 2025 & 2026 Housing Forecasts
NAR Chief Economist Lawrence Yun predicts a 9% rise in home sales in 2025 and 13% in 2026, with mortgage rates stabilizing around 6%. Speaki…
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