inflation
Economy

Fed Reserve officials continue to see “significant” inflation risk that may require more rate hikes

As recently as three weeks ago, most Federal Reserve officials said they still viewed high inflation as an ongoing threat that could merit additional interest rate increases. That’s according to the U.S. central bank’s July […]

Deflation
Economy

Deflation could soon hit the US as real estate and stock prices are at risk of crashing, economist says

The US economy could soon be at risk of deflation, according to Wermuth Asset Management. Wobbling commercial property values a correction of lofty stock valuations would drag prices lower. Disinflation could soo turn to deflation […]

Mortgage
Mortage News

Mortgage rates just spiked up to 7.3%. How homebuyers can shop around for the lowest rate

On Tuesday, the average 30-year fixed mortgage rate jumped back up to 7.34%. That coupled with home prices that rose dramatically during the pandemic, and in some markets, are still rising, has deteriorated affordability. It’s pricing buyers out […]