Inflation

2022 Forecast: Moderation Likely but Affordability Still a Concern

January 4th, 2022
LendingTree recently released its projections for the state of real estate, jobs and the economy in 2022. According to the company, potential economic upsides include home price moderation, improved supply chains, a better job market and fewer concerns over inflation....

Mortgage Applications Decrease 8.3% Since Last Week

April 27th, 2022
Mortgage applications continue the downward trend for the eighth-consecutive week, as rates last week reached their highest since 2009, according to the data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey for the week ending on April 22nd....

Inflation Climbs to Historic Levels at 7%

January 12th, 2022
The Bureau of Labor Statistics (BLS) released its consumer price index (CPI) summary Tuesday morning showing an almost 40-year high year-over-year increase in December at 7%, with core inflation at 5.5%. After months of referring to spiraling price increases as...

As Expected, Fed Hits Brakes with 50-point Hike

May 4th, 2022
With little surprise, the Federal Reserve announced a larger rate hike Wednesday following their two-day meeting this week, accelerating the central bank’s efforts to curb rampant inflation and pull back from pandemic relief efforts. The 50-basis point increase is the...
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