Sharkey, Howes & Javer

Inside the Economy: Interest rates & Housing

Informações:

Synopsis

This week on “Inside the Economy”, we will dive a little deeper into June’s headline vs core inflation numbers. As oil drops below $100/barrel, will that signal the peak of inflation? In the housing market, loan applications decline to a level we haven’t seen in over two decades. Where will mortgage rates end up? Tune in to learn more! Key Takeaways: • 10-year treasury yield is around 2.9% • 30-year mortgages are closing in on 6% • Jobless claims tick up