Shifting Balance It’s been a tough year for homebuyers. With interest rates at a multi-decade high, homeowners have had little incentive to list their houses, as that would likely mean buying a new home themselves and locking in a high mortgage rate. This in turn weighed heavily on inventory across the U.S. With fewer houses…Read more
Surprising Stability Nearly a year ago, the Federal Reserve raised its benchmark interest rate to its current level of 5.25% – 5.5%, the highest it’s been in multiple decades. This move was widely anticipated to stifle inflation by slowing the economy. However, the U.S. weathered those rates surprisingly well, and now economists have a pretty…Read more
Driving Prices Higher: Housing and… Auto Insurance? Who’s to blame for inflation? We can all see prices increasing on everything from housing to cars to groceries – and more. But not all goods and services are created equal when it comes to inflation. And though there may not be one person who’s responsible, there are…Read more
