Inflation Moderation Offers Positive Signal For The Fed
30 Second Market Update
January 20, 2025
The December Consumer Price Index (CPI) report showed a continued moderation in inflation, offering a positive signal for the Federal Reserve’s efforts to control inflation. Even though the shelter component […]
Good News For Credit Reporting
30 Second Market Update
January 13, 2025
On January 7th, the Consumer Financial Protection Bureau (CFPB) finalized a new rule that will erase $49 billion in medical debt from the credit reports of around 15 million Americans. […]
Inflation Index Lower Than Expected and Could Be Getting Better in ‘25
30 Second Market Update
December 30, 2024
The Federal Reserve’s preferred inflation measure, the Personal Consumption Expenditures (PCE) Index, showed headline inflation rose 0.128% in November and 2.4% year over year, slightly better than expected. Core PCE, […]
More Sellers Are Listing Their Homes
30 Second Market Update
December 23, 2024
New listings of homes for sale rose 7.6% year over year in the four weeks ending December 15, marking the second-largest annual increase since June. Higher home prices (up 6% […]
Homeowners’ Equity Continues to Increase
30 Second Market Update
December 16, 2024
CoreLogic shared homeowners with mortgages, which make up 62% of all homes, gained $425 billion in equity over the past year, an increase of 2.5%. This brought total home equity […]
The Fed’s Favorite Rate of Inflation and Its Impact on Mortgage Rates
30 Second Market Update
December 09, 2024
The Fed’s preferred inflation measure, PCE, showed headline inflation rose 0.2% in October, pushing the yearly rate from 2.1% to 2.3%, both as expected. Core inflation, which excludes food and […]
What Credit Score Do You Need to Buy a House?
Knowledge Base
December 05, 2024
Purchasing a Home and Credit Scores Purchasing a home is one of life’s most significant financial milestones. While factors like income, savings, and debt-to-income ratio are important, your credit score […]
Existing Home Sales Stronger Than Estimates
30 Second Market Update
December 02, 2024
Existing Home Sales rose 3.4% in October to a pace of 3.96 million units, beating expectations. This marks a 2.9% increase from last year, the first annual gain in three […]
Homeownership is More Than Just Having a Place to Live
30 Second Market Update
November 25, 2024
Inflation has cooled recently but remains significant when viewed cumulatively, with the Consumer Price Index rising over 20% in the past four years. To safeguard against inflation, investing in assets […]
NAR Chief Economist Lawrence Yun’s 2025 & 2026 Housing Forecasts
30 Second Market Update
November 18, 2024
NAR Chief Economist Lawrence Yun predicts a 9% rise in home sales in 2025 and 13% in 2026, with mortgage rates stabilizing around 6%. Speaking at the 2024 NAR NXT […]
Home Price Update
30 Second Market Update
November 11, 2024
In September, home prices increased by 0.02% according to CoreLogic, slightly below the expected 0.1% rise. Year-over-year, prices are up 3.4%, a bit lower than last month’s 3.9%. CoreLogic predicts […]
Lending Tree Survey Breakdown
30 Second Market Update
November 04, 2024
Lending Tree recently released a homeownership sentiment survey, and it showed that 83% of Americans say that they would rather own a home than rent one. 62% of those who […]
