Mortgage Forecast: 6% Rates Still on the Horizon, but Not in Time for Spring

By: Yutthana Gaetgeaw/Getty Images Roughly 72% of potential homebuyers say homeownership would be financially feasible if mortgage rates fell below 5%, according to a recent survey from Realtor.com. That means mortgage rates would need to drop by at least 2% to unlock today’s unaffordable housing market.  But there’s a problem. Major forecasts don’t call for…

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A little-noticed inflation report in the past could get a lot of market attention on Thursday

By With markets on edge over the direction of inflation , a report Thursday that often flies under the economic radar is likely to take on more importance. The Commerce Department’s measure of personal consumption expenditures prices could add to evidence that inflation is stickier than some economists and policymakers had thought. January’s reading is…

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