Economy
Inflation drops month over month for first time in over four years
CPI dips 0.1% from May to June; annual inflation falls to 3%
CPI dips 0.1% from May to June; annual inflation falls to 3%
Despite industry concerns, data in release only goes back to 2013
Refinances see big jump, but not enough to boost total rate locks
New proposal patterned on COVID-era adjustments to make helping borrowers with financial hardships easier
Scott Silverstein has his eye on the ball. A former pitcher in college and in the Toronto Blue Jays’ system, Silverstein has traded the mound
Pace of yearly supply growth picking up, too
Companies putting focus on juggling personnel, expenses in tough environment
Affordability understandably tops list of cohort’s concerns
But affordability concerns persist, leaving slim upside
Is economy easing toward ‘soft landing’? And what does it mean for rates?