Current Mortgage Interest Rates on July 1, 2022: Rates Cool Off
CNET· 1 day agoA variety of notable mortgage rates decreased today. The average interest rates for both 15-year...
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CNET· 2 weeks agoThe average interest rates for both 15-year fixed and 30-year fixed mortgages both scaled up today. ...
Mortgage Refinance Rates for July 1, 2022: Rates Retreat
CNET· 1 day agoWith inflation at a 40-year high, the Federal Reserve has already hiked interest rates three times...
Mortgage rates slip as talk of looming recession heats up
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Today’s mortgage rates: 20-year rates drop to 16-day low | June 30, 2022
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In economics, inflation is a general increase in the prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the... wikipedia.org
- Federal Reserve policymakers evaluate changes in inflation by monitoring several different price indexes.
- :
- Consumer Price Index (CPI), produced by the Bureau of Labor Statistics (BLS), is the most widely used measure of inflation
- The Federal Reserve prefers to use the Personal Consumption Expenditures (the PCE price index) when gauging inflation and the overall economic stability of the United States
- Producer Price Index (PPI), which reports the price changes that affect domestic producers, is another measure of inflation
- :
- Cost-push inflation
- Demand-pull inflation
- The housing market
- Expansionary fiscal policy
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source: wikipedia.org, investopedia.com, federalreserve.gov, brookings.edu
