The post Mortgage Rates Surge as Inflation Lingers appeared first on Weekly Real Estate News.
Mortgage Rates Surge as Inflation Lingers
Mortage News
Rates, Mortgage App Volume Improve Heading into Holiday Season
Mortgage application volume increased for the second consecutive week as interest rates continued to decline. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, was 2.2 percent higher during […]
Economy
Gold dips as dollar firms in run-up to US inflation test
Dollar gains after weak China trade data * Fed’s Bowman: more rate hikes may be needed * SPDR Gold ETF holdings down 0.3% on Monday Aug 8 (Reuters) – Gold eased on Tuesday as the […]
Housing Wire
Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that officials still expect interest rates to come down three times this year, indicating that recent higher-than-expected inflation numbers […]