Latest real estate news and analysis tagged with inflation on realestatenews.news.
April's inflation data came in slightly above forecasts, reinforcing the Federal Reserve's case to keep rates unchanged. In the near term, mortgage rates are expected to follow oil prices and progress in Middle East peace negotiations more closely than any single economic release.
Markets will parse April inflation data and any developments in Iran’s talks, keeping mortgage rates volatile. Key economic releases and Fed commentary add to the uncertainty.
Payrolls surprised on the upside while wage growth cooled. The Fed is likely to keep policy steady, leaving mortgage rates more tied to oil and geopolitical risk.
Persistent inflation and higher borrowing costs are squeezing household budgets and cooling demand for new homes, leaving Florida buyers and builders cautious.
