Inflation Gauge Reaches a 39-Year High, Keeping Fed on Track to Tighten
December’s 12-month gain in consumer prices was the largest since June 1982, according to Labor Department data released Wednesday.
January 12, 2022 2 MIN
Credit Reporting Errors Lead Consumer Complaints, CFPB Says
Less than 2% of requests to correct errors on consumer records maintained by Equifax, Experian, and TransUnion resulted in corrections in 2020, down from 25% in 2019, the report said.
January 11, 2022 2 MIN
Lowest Pandemic-Era Jobless Rate Adds Pressure for Fed Rate Hike
The strength of the labor market in the closing weeks of 2021 probably points to a Fed rate hike as early as March, Wells Fargo economists said.
January 7, 2022 2 MIN
Mortgage Rates Rise to 9-Month High as Investors Bet Omicron Won’t Derail Economy
The average rate on a 30-year fixed mortgage rose in 2021’s final week to a level that was nearly half a percentage point higher than a year earlier, MBA said.
January 5, 2022 2 MIN
Home-Price Growth Will Slow in 2022, CoreLogic Says
Some of the nation's highest-flying markets in 2021 may see the smallest gains this year, the CoreLogic forecast said.
January 4, 2022 2 MIN
Prices for U.S. Home Gained 18.4% in October, Report Shows
Prices for U.S. homes gained 18.4% in October, six times the increase recorded in the year before the pandemic began, according to the S&P CoreLogic Case-Shiller index.
December 28, 2021 2 MIN
Mortgage Rates Drop As Omicron Fears Overtake Inflation Concerns
Mortgage rates fell as investors' worries about the hyper-transmissible Omicron variant outweighed inflation jitters.
December 23, 2021 2 MIN
Rising Mortgage Rates Won’t Derail Homebuying Demand in 2022, Fleming Says
An increase in household formation as the U.S. economy emerges from the pandemic will support home sales in 2022, according to Mark Fleming, chief economist at First American.
December 22, 2021 2 MIN
