Inflation is cooling. But is the economy about to crash?
After moving in the wrong direction for 3 months, annual inflation cooled to 2.5% in January. But the biggest drop in consumer spending since 2021 has 1 model predicting a shrinking economy
by Matt Carter Feb 28
New inflation data gives mortgage rates room to keep coming down
With inflation continuing to inch closer to the Fed's 2% goal in August, bond market investors are getting more confident that the central bank will continue to cut rates aggressively in November
by Matt Carter Sep 27
Mortgage rates retreat as wave of data suggests economy is cooling
In less than a week, a series of reports has changed the outlook for the timing and magnitude of future Fed rate cuts, sending mortgage rates into a 5-day tailspin back below 7%
by Matt Carter Jun 5
Housing drags down US economy for second-straight quarter in Q1
Consumer spending remained high while the broader economy slowed, growing just 1.1% in the first 3 months of 2023, according to data released Thursday by US Bureau of Economic Analysis
by Taylor Anderson Apr 27
Americans accrued $7,512 in additional debt during 2020
Clever Real Estate's latest survey revealed the average American's non-mortgage debt burden increased by $7,512 in 2020 due to booming unemployment
by Marian McPherson Jan 7
New car sales versus new home sales
Record highs and multi-decade lows
Commentary: War on recession more like 'sitzkrieg'
by Lou Barnes Jul 23
Commentary: 'Flat beats panic' in 2009
by Lou Barnes Dec 22
Forecast: Potential for 5 million more foreclosures
by Inman Dec 9
Real estate brief
by Inman Oct 30