Mortgage rates are finally drifting down from their recent peaks, but the math on homeownership still does not work for a large share of American households. Prices climbed so far, and supply is so ...
Subscribers to Chart of the Week received this commentary on Sunday, September 22. By Friday, the euphoria over the Federal Reserve’s interest rate cut -- and subsequent Thursday melt up -- had worn ...
This chart, as well as others that show the same trend, have made the rounds on social media. (Haver Analytics, Federal Reserve, Rosenberg Research) Some investors have waited patiently for the ...
The broadest measure of inflation -- the Consumer Price Index for All Urban Consumers (CPI-U) -- has shown clear signs of tapering over the past year. However, a "core" component of the CPI-U remains ...
The Federal Reserve aggressively raised interest rates during the pandemic to cool inflation. But the rate hikes caused some mortgage lenders to raise their rates, as well. This has kept housing costs ...
Compared to the pandemic-era record lows observed just a few years ago, mortgage rates feel uncomfortably high. But when someone points out that mortgages are still painfully expensive right now, a ...
The most important thing on Wall Street’s mind right now is interest rates. The stock market could initially deal with rising rates, as we saw from August through mid-December. But then rates rose far ...