Key takeaway: The personal consumption expenditure index, the Federal Reserve’s preferred measure of inflation, increased to 3.7% in July. Supporting data: Core PCE inflation, which excludes volatile food and energy prices, rose 3.3% from a year earlier. What’s at stake: Federal funds futures contracts tracked by CME Group showed Wednesday that just under 60% of […]
PCE inflation remains sticky as Fed weighs next move Read More »
Now that use of artificial intelligence is closer to critical mass, industry collaboration could help remove considerable costs related to moving data from physical collateral documents as mortgage assets trade, according to the Housing Policy Council. Processing Content HPC estimates that the lack of advanced technology for exchanging collateral data from documents costs the market
Standardized tech could reduce $200 million mortgage collateral costs Read More »
A recent survey from Talker Research asked Americans to pick one word to describe how 2026 has felt so far. The winner? Stressful. And honestly, there’s been a lot going on. So, it’s understandable if you’ve been putting off buying or selling a home until things settle down. But you may be waiting on something
Worried About a Housing Crash? The Numbers Tell a Calmer Story. Read More »