Month: June 2024

How bond traders influence homebuying

In late 2023, mortgage rates hit a 15-year high, topping 7%. Previously, rates hovered below 4%. For any American looking to buy or sell a home, this surge in mortgage rates can feel prohibitive. Given how much equity many Americans have in their homes, any sort of glitch in the housing market can feel worrisome, […]

Monthly Market Update – June 2024

Inflation is finally easing Good news for consumers: the latest data showed inflation is finally easing, with the Consumer Price Index (CPI) showing a drop in prices for necessities and discretionary items(1). Headline CPI was unchanged in May, marking the tamest reading since mid-2022, while core CPI rose by 0.2%(1). Both measures signal a potential […]

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