A Third of Forecasters Saw a Fed Hike Next. Then CPI Cooled
A July survey found 34% of economists expecting a Fed hike next β quadruple January’s share. Days later, June’s CPI drop rewrote the story.
Federal Reserve
June CPI Falls 0.4%, Easing the Pressure on Mortgage Rates
June’s CPI fell 0.4% β the largest monthly drop since April 2020 β cutting annual inflation to 3.5% and cooling expectations of another Fed hike.
Mortgage Rates Today: Why 30-Year Rates Are Still Above 6% and What the Fed Means for Homebuyers
Mortgage rates remain above 6%. Hereβs why the Fed does not directly set mortgage rates and what buyers should watch in 2026.