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Jack Misraje
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Join date: Sep 30, 2024
Posts (70)
May 1, 2026 ∙ 3 min
Fed Holds Rates Steady Amid Inflation Concerns and Middle East Volatility
This week, the Federal Reserve maintained the federal funds rate at 3.50 to 3.75%, with a notable split among officials. Core PCE inflation rose to 3.2%, the highest since November 2023, while geopolitical tensions in the Middle East added volatility to mortgage markets. Housing starts surged 11% in March, reaching the highest level since December 2024, despite a drop in building permits.
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Apr 24, 2026 ∙ 3 min
Consumer Spending Surges Amid Middle East Conflict, Pressuring Mortgage Rates Higher
Mortgage markets experienced volatility this week due to Middle East conflict negotiations, while consumer spending surged 1.7% in March, exceeding forecasts. Despite the strong retail sales, mortgage rates ended slightly higher, influenced by geopolitical tensions and economic data. This dynamic impacts buyers and sellers navigating the Los Angeles residential market.
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Apr 17, 2026 ∙ 3 min
Home Sales Decline Amid Rising Costs and Market Uncertainty
Sales of previously owned homes fell 4% in March to the lowest level since June 2025, with median prices rising only 1% year-over-year to $408,800. Builder sentiment dropped to its lowest since September 2025, reflecting increased material costs and sales incentives. These trends highlight a cautious market environment influenced by inflation and geopolitical developments.
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