Key insight: Another key policymaker has made the case that inflation has emerged as the central bank’s primary concern as the war in Iran continues to drive up prices. Expert quote: “After five years of above-target inflation, I am particularly attuned to the risk that elevated inflation will become embedded in price- and wage-setting behavior. […]
Fed’s Cook ‘prepared to raise rates’ if inflation persists Read More »
All-cash home purchases dropped to its lowest March level in six years, as mortgage rates are down, comparatively, and buyers hold negotiating power. Processing Content Just less than 29% of homebuyers in the United States paid in all cash in March, a full percentage point drop from 29.8% a year earlier and tied with 2021
All-cash home sales drop to lowest share in 6 years Read More »
Property taxes have surged 30% since 2019, and homeowners shouldn’t expect relief anytime soon, according to a new LendingTree study that found a 5.1% increase across every major U.S. metro area between 2023 and 2024. Processing Content In 2024, the median property tax burden was $3,119 for all homeowners. But for those paying a mortgage,
Property taxes up 30% since pandemic, with no relief in sight Read More »