Zillow Economics predicts shelter CPI inflation – and the results remind us that unless active rental markets moderate even more, the U.S. economy as a whole will continue to grapple with the strain of rising costs of living well into 2025.
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend marked by rising prices across sectors, affecting common household expenses like food and energy.
UBS has increased its price target for Zillow Group (NASDAQ:ZG) shares to $98 from the previous target of $90, while keeping a Buy rating on the stock. Currently trading at $77.98, Zillow has shown impressive momentum with a nearly 60% gain over the past six months.
These are today's mortgage and refinance rates. The Fed isn't expected to cut rates this week, but we may see mortgage rates fluctuate anyway.
These fifteen houses sold well over the typical home value and stood out as the most expensive homes sold last year in Sangamon County.
A higher-for-longer interest rate environment has the U.S. economy stuck in place, with existing home sales in 2024 falling to their lowest level since 1995. While
These are today's mortgage and refinance rates. Mortgage rates have been elevated recently, and they might not drop much this year.
Top News Bank of Japan Resumes Hiking Rates as Economy Strengthens The Bank of Japan raised its target for the overnight call rate to 0.5% from 0.25%, making its third rate hike since ending its long-running negative interest-rate policy in March. The bank previously raised the policy rate to 0.25% in July and had kept it at that level since.
These are today's mortgage and refinance rates. Mortgage rates remain elevated, and they might not drop much this year unless inflation slows further.
These are today's mortgage and refinance rates. Mortgage rates have been holding steady, and they might not drop as much as expected this year.
Rates on 30-year refinance loans ticked up 2 more basis points Friday, repeating a modest Thursday climb. Now averaging 7.13%, rates are just slightly above last week's 7.09% reading, which was the cheapest 30-year refi average of 2025.
Friday, ending the week just a few basis points above their lowest level of the new year. Many other loan types also saw steady averages.