Learn how Fed meetings affect mortgage rates and what it means for borrowers. Discover trends, impacts, and expert predictions on mortgage rates.
These are today's mortgage and refinance rates. Mortgage rates may only drop a little bit this year since the economy is still running strong.
Zillow Economics predicts shelter CPI inflation – and the results remind us that unless active rental markets moderate even more, the U.S. economy as a whole will continue to grapple with the strain of rising costs of living well into 2025.
These are today's mortgage and refinance rates. Mortgage rates are down slightly thanks to new CPI data, which showed a slowing in core inflation.
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend marked by rising prices across sectors, affecting common household expenses like food and energy.
The most recent core Consumer Price Index report (which measures inflation, minus the volatile food and fuel segments), released on Jan. 15, showed that inflation finally slowed slightly in December, renewing optimism that further cuts could be coming after all.
New numbers show prices are still going up for many things we buy, but the pace of inflation has slowed. Prices are higher in January with a big part of the reason being an increased spending on travel, cars, and energy to heat up homes. The good news? A strong economy is helping us afford the higher costs.
The inflation rate has come down from its peak in mid-2022 ... One of the most pressing financial challenges for many is the cost of housing. According to data from Zillow, median rents are approximately 35% higher today than they were before the pandemic.
UBS has increased its price target for Zillow Group (NASDAQ:ZG) shares to $98 from the previous target of $90, while keeping a Buy rating on the stock. Currently trading at $77.98, Zillow has shown impressive momentum with a nearly 60% gain over the past six months.
These are today's mortgage and refinance rates. The Fed isn't expected to cut rates this week, but we may see mortgage rates fluctuate anyway.
These fifteen houses sold well over the typical home value and stood out as the most expensive homes sold last year in Sangamon County.
A higher-for-longer interest rate environment has the U.S. economy stuck in place, with existing home sales in 2024 falling to their lowest level since 1995. While