By: In his speech, Powell did not mention the possibility that the Fed will eventually cut interest rates. Earlier this year, many on Wall Street had … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … estimated a slight annual increase in its favored inflation measure in July, known as the personal consumption expenditures price index (PCE). See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
High mortgage rates and tight inventories are hitting home sales nationwide, but agents in Arizona say the continuing influx of new residents to the state has softened the impact in the Valley. Rising mortgage rates have hit home sales nationally, according to a new report, making owners reluctant to sell and buyers facing steeper costs….
By Federal Reserve Chair Jerome Powell was nothing if not clear during his Friday speech from Jackson Hole, Wyoming: Getting inflation down is still the Fed’s first and overwhelming priority. And they’re not going to rest or stop considering more rate hikes if the data dictates. Oh, and by the way, Powell made clear yet again…
Latest News · Lists & Leads · Commercial Real Estate · Banking … Water-short Arizona cities want to use every last drop – even if it used to be … See the full article on Arizona zoning regulations, or, read more Arizona real estate investing news. It’s up to you!
By: Other data such as consumer confidence, the state of manufacturing, and inflation, with the latest personal consumption expenditures index is also … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Kathy Shows sits on bedding made of furniture pads laid out on the sidewalk at the corner of Jefferson and 12th Avenue near downtown Phoenix. At 11 p.m. on the 25th day of a record-breaking extreme heat wave, it’s still 99 degrees outside after a high of 116. Concrete cools slowly after the sun goes…
By Former Treasury chief Larry Summers got panned for posting a graph suggesting US inflation could be tracing the same path now as in the 1970s. Nobel laureate Paul Krugman said the chart was “problematic on many fronts”, adding the 1970s story was different. Market veteran Jim Bianco slammed the post as “chart crime”, pointing…
By: Small businesses feel the pain of inflation-driven interest rates … Hobbs says she’s ‘concerned’ about merger of Arizona’s 2 largest grocery … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
The Infrastructure Investment and Jobs Act includes more than $42 billion for states to use to forward digital equity.State and local governments are in the last months of finalizing their plans for making the most of this historic investment.Nonprofits and academic organizations have developed rich resources to clarify what “digital equity” encompasses and to highlight…