Rising inflation shoves mortgage rates higher
“This week’s higher-than-expected inflation rate suggests that Fed rate cuts will be delayed, potentially until the summer,” said Lisa Sturtevant, chief economist for Bright MLS, a database of properties for sale in the mid-Atlantic region, in an email. She expects rates to remain in the high 6s as we head into the homebuying season.
Nigeria's annual inflation rate stood at 24.48% in January, the statistics agency said on Tuesday, well down from the ...
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the ...
Was your city hit harder by inflation? Here are the 10 cities where residents saw prices rise the highest.
Read Less The rate of inflation rose to 3% in the year to January, a steep uptick from the 2.5% recorded in December, writes Kevin Pratt. The Office for National Statistics attributes the increase ...
Mortgage rates have been slowly drifting lower in recent weeks, but remain stuck near 7%, a level that makes affordability ...
By 1986, Cleveland was in need of some positive press. The city had become notorious for a series of misfortunes in the 1970s ...
A fter peaking in 2022 at 11% year on year, inflation across the rich world has steadily fallen. Until now. As central banks bring down interest rates, headline inflation across the rich world is ...
Motor insurance premiums are rising at more than double the rate of general inflation. The annual change in restaurants and ...
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