Simple Content Summary: The Bureau of Labor Statistics reported November 10 that consumer prices increased 0.4% in October, above the 0.3% forecast. Core prices rose 0.3%, and shelter rose 0.3%. The agency could not publish most annual inflation comparisons because...
U.S. inflation accelerated in September, delivering another blow to prospective homebuyers already facing mortgage rates above 7% and raising the stakes for lenders, builders and the Federal Reserve. The consumer price index rose 0.6% from August and 3.7% from a year...
Americans’ expectations for inflation over the next year climbed to 3.9% in September, the highest reading since May 2023, while renters anticipated another acceleration in housing costs, according to new survey findings released Wednesday by the Federal Reserve Bank...
Consumer prices rose 0.4% in August as energy costs jumped and shelter inflation accelerated. For a housing market already dealing with mortgage rates around 7%, the bond market’s reaction may be the bigger story. Homebuyers looking for relief from mortgage rates...
HUD Finalizes Citizenship Verification Rule for Public Housing and Section …
