The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury peaked before reversing course.

In December, economists believe the overall PCE index rose 0.3% on a monthly basis and 2.6% on an annual basis, according to FactSet’s consensus estimates. They anticipate that the core measure of PCE inflation, which excludes volatile food and energy prices, rose 0.2% on a monthly basis and 2.8% over the past year.

AM Durable Goods Durable Goods Orders measure the change in the total value of new orders for long-lasting manufactured goods, including transportation items. Durable goods orders are expected to rise 0.

With President Donald Trump back in the White House, big economic shifts could be coming for housing and job markets across the country. From tariffs on building materials to deregulation in housing and a renewed push for domestic manufacturing,

Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.

Top Republicans are passing around a 50-page list of ideas on how to cover the cost of a tax cut and immigration crackdown bill.

The economy and the markets are complex, and the only way to understand them is to consider more than a few metrics as you piece together the mosaic of crosscurrents that define them.

“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam Khater, Freddie Mac’s chief economist. “The underlying strength of the economy is contributing to this increase in rates."

President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.

Annual inflation has risen again for the third straight month, in a troubling sign for mortgage rates that are already creeping close to 7%. Overall prices rose 2.9% in December 2024 from a year earlier, higher than the 2.7% pace recorded in November, according to the Labor Department's consumer price index (CPI) data released Wednesday.

We recently compiled a list of the 12 Best REIT Stocks to Buy Now. In this article, we are going to take a look at where Welltower Inc. (NYSE:WELL) stands against the other REIT stocks. The US Real Estate So Far in 2025 While the mortgage rates have risen despite the Fed cutting rates,