**Puerto Rico’s GDP Rebounds in 2023** Puerto Rico’s economy saw a resurgence in 2023, with Gross Domestic Product (GDP) growing by 3%, according to recent government data. This marks a reversal from the previous year’s 2% decline and reflects improvements in several key sectors, including manufacturing and services. The positive performance was attributed in part…
Mortgage rates remained steady as of the week of September 16, 2025, with the 30-year fixed mortgage rate holding at 7.61%. This marks a minor fluctuation from last week but continues the broader trend of relatively high interest rates. The 15-year fixed rate also hovered near recent levels, standing at 6.82%, while the average rate…
Key economic data this week signal steady inflation, stable rates, and strong employment, supporting Arizona real estate’s resilient investment outlook.
The video discusses the ongoing impact of inflation, analyzing how recent changes in monetary policy and supply chain dynamics have influenced prices across a variety of goods and services. It breaks down the main drivers behind current inflation trends, emphasizing how shifts in consumer demand and global events have contributed to rising costs for everyday…
India’s Consumer Price Index (CPI) inflation increased slightly to 2.07% in August, up from 1.86% recorded in July, according to government data. Despite the overall uptick, food inflation remained in the negative zone at -2.99%, continuing a trend of declining prices for food items. The government is closely monitoring these trends as low inflation offers…
**Trump Claims No Inflation Despite Rising Prices** Former President Donald Trump recently claimed that there is “no inflation,” contradicting recent economic data showing prices are in fact rising. Analysts point out that some of the factors driving current inflation can be traced back to policies implemented during Trump’s term, such as tariffs and stimulus spending,…
Mortgage rates have remained relatively steady in recent days, with the average 30-year fixed mortgage holding at 6.95%, according to recent industry data. Although there has been some fluctuation tied to economic signals and Federal Reserve commentary, rates have hovered just under 7%—still significantly higher than the historic lows seen during the pandemic. Experts advise…
**US Consumer Prices Rise More Than Expected in August** U.S. consumer prices saw a larger-than-anticipated increase in August, according to the latest data from the Labor Department. The Consumer Price Index (CPI) rose 0.6% last month, the biggest monthly gain in over a year, largely driven by higher gasoline costs. On an annual basis, prices…
Mortgage rates moved higher across several key loan terms, according to data reported Monday, reflecting continued market volatility and lender reaction to economic indicators. The average rate on a 30-year fixed mortgage rose slightly to 7.59%, while the 15-year fixed rate climbed to 6.86%. Adjustable-rate mortgages (ARMs) also experienced minor upticks, with the 5/1 ARM…
Arizona real estate faces tight inventory, high rates, steady demand from in-migration, and inflation pressures impacting affordability and rents.