Tag: interest rates
Fed Chicago president: Inflation ‘clearly too high’
Aggressive action is needed to bring surging inflation under control, and that action will likely include a series of increases in the benchmark federal-funds...
Builder confidence plunges on rising interest rates, growing affordability woes
In a sign that the housing market is now slowing, builder confidence took a steep drop in May as growing affordability challenges in the...
Commercial real estate market expected to grow despite rising interest rates
While rising interest rates are posing a risk to economic growth, Lawrence Yun, chief economist for the National Association of Realtors, expects the commercial...
Mortgage rates continue to move up
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 4.42% over the...
Housing experts predict interest rate hikes, home price growth in 2022
Expect slower housing price appreciation, easing inflation and rising interest rates in 2022, according to a survey of more than 20 top U.S. economic...
May brought sharp slowdown in Iowa home sales
By CBJ News Staff
news@corridorbusiness.com
May home sales in Iowa fell 19.8% according to the Iowa Association of Realtors, as the effects of the COVID-19 lockdown...