By: The Commerce Department’s measure of personal consumption expenditures prices is expected to show inflation in April running at a 2.7% annual rate. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Fresh inflation data will be released on Friday, with economists polled by Reuters expecting the personal consumption expenditures price index to … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Homebuyers saw borrowing costs rise again last week. (iStock) Mortgage rates reversed course this week and headed north of 7% again, following several weeks of decline, according to Freddie Mac. The average 30-year fixed-rate mortgage was 7.03% for the week ending May 30, according to Freddie Mac’s latest Primary Mortgage Market Survey. That’s an…
The woman who was sentenced had moved to Arizona from Nevada in 2019 after being permanently barred from Nevada’s Medicaid program. Arielle Dix, 37, was sentenced this week to three and a half years in state prison for her role in what authorities described as an “industrial scale” Medicaid fraud scheme that involves multiple co-defendants.Dix,…
By: Inflation still stings. Home buyers’ hesitancy might not just be about mortgage interest rates running high. Lately, it seems everything feels more … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: The US Dollar eases back to earlier levels for this week. Markets are seeing US equities trying to stage turnaround and head back into Risk On. The US Dollar retreats further below 105.00, heading to 104.50 again. The US Dollar (USD) is fully retreating from its peak performance on Wednesday. All gains that got…
U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment, with less help coming from improved supply chains and … U.S. Federal Reserve officials are “trying to wrap their head around” whether further improvement in inflation will require higher unemployment, with less help coming from…
By: Mortgage rates posted the biggest increase in over a month, propelling the 30-year rate back over 7%, with the market uncertain about when the Federal Reserve will cut interest rates. The 30-year fixed-rate mortgage averaged 7.03% as of May 30, according to data released by Freddie Mac FMCC, +3.68% on Thursday. See the full…
By: During the second half of this year the increase in the personal consumption expenditures price index will likely slow from an annual pace of 3.3 … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Build-to-rent communities surge in Phoenix amid high home interest rates. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.