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.
Interest Rates
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 Rate Lock Strategy in 2026: When Buyers Should Lock or Float
A mortgage rate lock can protect buyers from rising rates before closing. Hereβs when locking or floating may make sense.