By: Investors will closely monitor the December personal spending … – Core PCE price index: The Personal Consumption Expenditures (PCE) price index is a … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: The housing market is starting to unfreeze.C.J. Burton/Getty ImagesFannie Mae now sees mortgage rates dipping below 6% in 2024, anticipating a stronger housing market rebound.The 30-year fixed rate is expected to hit 5.8% by the fourth quarter, down from a previous estimate of 6.5%.”The outlook for both short term rates and mortgage rates is…
By: MEXICO CITY — Mirroring the U.S. and other developed regions, Latin America’s fashion sales are expected to slow in 2024 as high interest rates … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
PHOENIX (3TV/CBS 5) – Last tax year, more than half a million Arizonans with kids got a tax rebate. This time around, the IRS has made a change that will mean less money in people’s pockets. The … PHOENIX (3TV/CBS 5) – Last year, more than half a million Arizonans with kids got a tax…
Initial U.S. unemployment claims for the week ending Jan. 13 dropped by 16,000, the lowest since September 2022, according to a Thursday Department of Labor report. Initial U.S. unemployment claims for the week ending Jan. 13 dropped by 16,000, the lowest since September 2022, according to a Thursday Department of Labor report. See the entire…
By: High prices and interest rates, along with low inventory, made 2023 a historically bad year for buying a house. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … Personal Consumption Expenditures Price Index is released on Friday. Meanwhile, personal income and spending figures will offer the latest snapshot … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
The state first hit 3.9% unemployment in 2022, and kept it there for four months before again surpassing 4%. It dropped back to 3.9% in February 2023 and got as low as 3.3% in July, the lowest it has been since 1976, which is when the U.S. Bureau of Labor Statistics started tracking state unemployment…
By: The national BTR construction peak comes at a time when elevated mortgage interest rates are spurring homebuilders to transition a share of their … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: He pointed to the Fed’s preferred inflation gauge, the personal consumption expenditures price index, specifically. The December figures will be … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!