Trump Declares “Inflation Defeated” Amid Fed Rate Debate — What It Means for Arizona Real Estate Investors

Former President Donald Trump recently claimed that inflation had been “defeated” and argued the Federal Reserve should lower interest rates. However, inflation remains higher than the Fed’s longstanding 2% target, and while rates have been stable in recent months, prices for many goods and services are still elevated compared to before the pandemic. The Fed…

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Arizona Housing Prices

U.S. Faces a Critical 3.2 Million Home Shortage: Driving Up Prices and Straining Markets—Arizona’s Housing Crisis Worsens

The U.S. is facing a severe housing shortage, with a deficit of approximately 3.2 million homes nationwide, according to real estate data. This shortage is a key factor driving up prices, especially in fast-growing states like Arizona. High demand coupled with limited supply has strained the market, pushing homeownership out of reach for many. Experts…

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Mortgage Interest Rates

October Fluctuations: Mortgage Refinance Rates Hover Around 7.72% Amid Market Volatility

Mortgage refinance interest rates are seeing notable fluctuations this October, with the average 30-year fixed refinance rate hovering around 7.72%, according to data from Bankrate. While this is slightly lower than the highs seen earlier in the year, it’s still considerably above the historically low rates of recent years. Experts suggest comparing multiple loan offers…

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Urgent Recall at Bureau of Labor Statistics to Finalize September Inflation Report—What Arizona Real Estate Investors Need to Know

**Bureau of Labor Statistics Recalls Workers to Prepare Key Inflation Data** The Bureau of Labor Statistics (BLS) has requested that some employees return to work, despite ongoing government funding uncertainties, in order to finish gathering and analyzing data for the upcoming September inflation report. This crucial inflation data is watched closely by policymakers and economists,…

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