Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already ...
Op-ed views and opinions expressed are solely those of the author. The Bureau of Labor Statistics just released the monthly increase in the Consumer Price Index for […] ...
The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
Compass stock price staged a strong comeback on Wednesday after the company boosted its forward guidance. It also jumped as ...
With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency ...
Now, this economic weakness can chill inflation – one driver of mortgage rates. When rates were down, the Consumer Price ...
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according to mortgage giant Freddie Mac. It was at 6.62% a year ago. The uptick in the cost of home loans reflects a rise in the bond yields that lenders use as a guide to price mortgages.