Interest Rates
Mortgage rates hit highest levels since last August, weakening purchase demand
Average rates for 15-year fixed-rate mortgages surpassed last year’s levels this week, said Freddie Mac
Average rates for 15-year fixed-rate mortgages surpassed last year’s levels this week, said Freddie Mac
Prolonged downturn in sentiment persists with new-home market adrift
Democrats attacked dropped settlements against major firms while Republicans applauded efforts to sideline the bureau
Purchase applications for newly built homes were higher than a year ago in June, however
The ‘core’ measure of supply-chain price hikes remained stubbornly elevated, however, the BLS reported
The Fed leader said massive AI investments will raise consumer prices, but declined to call that inflation in Wednesday’s testimony
Purchase demand notched an annual decline last week amid surprising uptick in government refinances
Lenders pull back on government refinance programs amid expansion in non-QM and jumbo options
The new U.S. central bank chief maintained a hawkish tone on inflation while defending Fed independence during Tuesday’s House hearing
Falling fuel prices helped produce the largest monthly decline in the consumer price index since 2020
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