Economy
July CPI report meets forecasts, dims outlook for September rate hike
Lower gasoline prices tempered the impact of an uptick in shelter inflation
Lower gasoline prices tempered the impact of an uptick in shelter inflation
Purchases made up more than 80% of lock activity as Fannie and Freddie activity continued to shrink
Rising financing costs continue to curb purchase demand, experts say
ARM and streamline refinance offerings drove the rebound, with jumbo loan programs also surging: MBA
Failed $1.3 billion merger sparks legal action on multiple fronts after lender reports a $603 million hedging loss
As the artificial intelligence boom fuels local spikes, insurance risk wipes out value elsewhere, with price-to-income ratios in Northeast hubs widening
New loan activity hit a two-year high despite rising mortgage rates and slower sales, industry survey finds
Attempts to strip Lisa Cook of board seat could delay former chair’s eventual plans to leave the central bank
Cities will have broad authority to direct federal dollars toward housing construction. Housing policy experts say they must.
Hefty revisions to prior months’ estimates show clear decline in labor market momentum, economists say
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