Mortgage rates increased this week primarily due to climbing oil prices, while core CPI inflation remained steady at 2.5%, the lowest since 2021. Shelter costs rose 3.0% annually, with rent increases slowing to 0.1% monthly, the smallest since January 2021. Existing home sales rose 2% in February, with median prices up slightly to $398,000, amid low inventory levels.

Mortgage rates increased this week primarily due to climbing oil prices, while inflation indicators like Core CPI remained steady at 2.5%. Shelter costs rose 3.0% annually, with rent increases slowing to 0.1% monthly, the smallest since 2021. Existing home sales rose 2% in February, with median prices up slightly to $398,000, reflecting tight inventories in the Los Angeles market.

Mortgage rates increased this week primarily due to climbing oil prices, while inflation indicators like Core CPI held steady at 2.5% annually. Shelter costs rose 3.0% year-over-year, with rent increases slowing to 0.1% monthly, the smallest since 2021. Existing home sales rose 2% in February, though inventories remain tight at a 3.8-month supply nationally.

Mortgage rates increased this week primarily due to climbing oil prices, while core CPI inflation remained steady at 2.5%, the lowest since 2021. Shelter costs rose 3.0% annually, with rent increases slowing to 0.1%. Existing home sales rose 2% in February, but inventories remain low at a 3.8-month supply nationally, impacting the Los Angeles housing market.

Mortgage rates increased this week primarily due to climbing oil prices, while key inflation reports like Core CPI at 2.5% year-over-year met expectations and caused little market reaction. Shelter costs rose 3.0% annually, with rent increases slowing to 0.1% from January, the smallest since 2021, signaling ongoing challenges in the housing market. Existing home sales rose 2% in February, with median prices up slightly to $398,000.

​ Tariff developments and geopolitical tensions kept markets uneasy this week, but the biggest surprise came from soft inflation data. Mortgage rates responded positively and ended the week slightly lower. Consumer Inflation Falls Below Forecast The Consumer Price Index (CPI), a key inflation gauge, showed that core prices rose just 0.1 percent in May, far below the expected 0.3 percent increase. Year over year, Core CPI was up 2.8 percent, maintaining its lowest level since

​ Tariff developments kept mortgage markets on edge again this week, although there was little net change by the end....

​ Despite a stretch of volatility in recent weeks, mortgage rates have shown little net movement. This week, trading was again influenced...

​ Although no major economic reports were released this week, mortgage markets remained volatile due to shifting headlines. Investor...

​ It was a volatile week for mortgage markets, as headlines shifted between easing trade tensions and fresh inflation data. While the...

​ With little new economic data this week, investor focus shifted to the Federal Reserve’s latest policy meeting. While there were no...

​ This week brought a full slate of major economic reports, including updates on inflation, job growth, and overall economic activity....

​ This week brought renewed volatility to mortgage markets due to political headlines, though those developments had limited long-term...

​ This week brought more volatility to mortgage markets, as tariffs remained the central focus for investors. Consumer spending surged as...

​ This week brought a mix of signals for mortgage markets. While inflation data came in much lower than expected—a typically positive...

​ This week, investor attention turned toward global trade developments, particularly the impact of newly announced tariffs. While the...

​ It was a relatively quiet week for mortgage markets, but the latest inflation data came in a bit stronger than expected. This led to a...

​ This week’s Federal Reserve meeting brought no major surprises, but its tone and actions were modestly favorable for mortgage markets....

​ This week’s inflation data came in lower than expected, signaling progress in the Federal Reserve’s effort to cool price growth. Yet...

​ This week brought several major economic reports, but few surprises. Labor market results aligned closely with forecasts, while other...