Jumbo lending credit retreated last month, pulling down overall availability of a leading home loan product index, according to the newest report from the Mortgage Bankers Association.  Processing Content On the ground, though, some lenders find certain large-balance transactions proceeding as usual, with data suggesting highly regional variations in today’s housing market, while borrowers might […]

Key insight: Price growth continued to run above the Federal Reserve’s 2% target in August, but remained consistent with recent months. The central bank will have to decide if that trend is moving up or down. Expert quote: “To paraphrase John Lennon, I’m willing to give disinflation a chance.” — Federal Reserve Gov. Christopher Waller

Bond bears have pushed benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week. Processing Content The yield on 10-year notes has climbed almost 20 basis points this week to trade just below the psychologically-important level, which may attract