Inflation is rising, but mortgage spreads have kept rates under 7%
CPI rose 0.6% in April and inflation is 3.8%, but a 1.96% spread helps keep mortgage rates near 6.52% not 7%+.
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Mortgage rates move higher, keeping the spring housing market in a holding pattern
Economic conditions continue to keep the costs of a home loan higher, with the war in Iran, inflationary concerns and a slow but stabilizing job..
Read MoreIvory Prize honors solutions in a higher rate, higher risk backdrop
The affordability crisis in American housing demands more invention, more experimentation and more scalable models to break through the chronic..
Read MoreInventory growth making housing more affordable
With inventory at multiyear highs, NAR prices are up 0.9% year over year versus 3.6% wage growth, easing affordability pressure.
Read MoreApril CPI rises 0.6% as annual inflation ticks up to 3.8%
BLS data shows April CPI up 0.6% from March and 3.8% year over year, with energy up 3.8% and core up 0.4%
Read MoreWhy Young People Are Buying Homes in Louisville—and Everything Else You Need to Know About This Week
Ikea repurposes an old warehouse into a museum, NYC plans to revamp Park Avenue into a public green space, and more.
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