Low housing inventory and still-strong demand kept prices high in March, according to the latest according to the S&P CoreLogic Case-Shiller National Home Price Index, released Tuesday. The annual growth rate in March 2023 was up 0.7%. On a […]
LOS ANGELES — The average long-term U.S. mortgage rate rose this week to its highest level since mid March, driving up borrowing costs for prospective homebuyers facing a housing market that’s constrained by a dearth of […]
When it comes to housing starts, homebuilders are back on a rollercoaster ride. After pulling back at the start of the year, homebuilders jumped back in during February before pulling back again in March. Homes were […]
MinneapolisCNN — US inflation at the wholesale level continued its downward slide in March with annualized price increases sinking dramatically to 2.7% from an upwardly revised 4.9%, according to the Producer Price Index released Thursday by […]
NEW YORK, United States — US consumer inflation slowed in March, according to data released Wednesday, but remained well above the Federal Reserve’s target despite numerous interest rate hikes over the last year. The rate […]
Consumer price increases cooled further in March, which is welcome news for the Federal Reserve, which made the challenging choice at its March meeting to continue with its federal funds rate hikes despite the failures […]
Rate lock volume activity in the residential mortgage industry increased across the board in March after dipping in February, according to data compiled by the Mortgage Capital Trading, Inc. (MCT) MCTlive! Lock Volume Indices report. […]
The post In March, Mortgage Rates Will Have Little Reason to Fall appeared first on Weekly Real Estate News.
Focus on Survey-Based Inflation Expectations Read this Economic Brief from the Federal Reserve Bank of Richmond to learn about consumer-based surveys of inflation expectations and use the FRED graph below to compare survey responses with […]
Feb 27 (Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan As March hoves into view with another intense bout of inflation and interest rate anxiety, markets are […]
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