**Federal Reserve Faces Data Uncertainty Amidst Government Shutdown** The Federal Reserve is contending with a significant lack of economic data as a possible government shutdown looms, making it more difficult for policymakers to decide on future interest rate moves. Officials have stated that key information they typically rely on—such as employment figures and inflation numbers—is…
Mortgage interest rates across the U.S. remained relatively unchanged on November 11, 2025, following a period of modest fluctuation. The average 30-year fixed mortgage rate held steady at 7.34%, while the 15-year fixed rate inched slightly upward to 6.73%. Meanwhile, 30-year jumbo loans averaged 7.38%, offering a similar rate to conventional options. Industry experts suggest…
Warren Buffett, the renowned investor, discusses his perspective on inflation and its effects on the average consumer. He explains that inflation is essentially the decline in the purchasing power of currency, meaning that the value of money decreases as prices rise for goods and services. Buffett notes that inflation is particularly challenging for people living…
**Thanksgiving Meal Costs Drop** The cost of preparing a Thanksgiving dinner has decreased this year, easing the burden for many families. After several years of rising prices driven by inflation, key items like turkey, potatoes, and canned pumpkin have seen price drops thanks to better supply and reduced shipping costs. According to the American Farm…
Mortgage interest rates held relatively steady on November 7, 2025, with many lenders offering 30-year fixed-rate mortgages around the 7.50% mark. This rate represents a slight decline from recent highs, offering potential relief to prospective homebuyers who have struggled with rising borrowing costs throughout 2023 and 2024. Shorter-term options, such as 15-year fixed-rate loans, saw…
**McDonald’s Q3 Sales Beat Expectations Despite Lower Traffic from Low-Income Consumers** McDonald’s reported stronger-than-expected sales for the third quarter, even as it saw a decline in visits from low-income customers. The fast-food giant credited its successful results to price increases and continued demand for classic menu items. International markets also helped boost McDonald’s performance, balancing…
Mortgage interest rates are projected to remain relatively high through November 2025, with some economists predicting rates could range between 6% and 7%. Despite the Federal Reserve pausing rate hikes in 2024, lingering inflation and a resilient job market are expected to keep borrowing costs elevated. These dynamics continue to challenge homebuyers, many of whom…
Recent data show cooling consumer confidence, persistent inflation, steady jobs, and high rates shaping Arizona real estate opportunities and challenges.
Inflation, as discussed in the referenced Reddit thread, refers to the rapid expansion of the universe that occurred just fractions of a second after the Big Bang. The theory of cosmic inflation was introduced to address certain problems with the standard Big Bang model, such as the horizon and flatness problems. It proposes that the…
After the Federal Reserve lowers interest rates, mortgage rates do not always follow the same path. Historically, while the Fed’s decisions influence short-term borrowing costs, long-term mortgage rates respond more directly to market expectations and investor sentiment. For example, after the Fed made a series of rate cuts in 2019, mortgage interest rates declined considerably,…