Today’s News Synopsis:
Wholesale prices rose at the fastest pace in years, with trade services inflation up 2%, signaling higher costs could soon hit consumers.
In The News:
Reuters – “Hot wholesale prices data puts wrinkle in Fed’s rate-cut roadmap“ (08-15-25)
“Fed policymakers lean against half-percentage-point rate cut“
Realtor.com – “Realtor.com – Hottest 2025 ZIP Codes” (08-04-2025)
“The hottest ZIPs lean older and wealthier, drawing buyers with stronger credit profiles and larger down payments than the national norm.”
NAR – “June’s Housing Affordability Improves Despite Rising Home Prices“ (08-16-25)
“At the national level, housing affordability increased in June, according to NAR’s Housing Affordability Index, as strong wage growth and lower mortgage rates offset home price increases from a year earlier. ”
YahooFinance – “CPI report: Core inflation rises by most in six months, stoking tariff-driven price concerns“ (08-12-25)
“Inflation remained sticky in July, according to new government data released Tuesday, as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs.”
Scottsmanguide – “Deadline nearing for FHA’s buy now, pay later RFI” (08-13-2025)
“The housing agency is soliciting comments for how to include BNPL transactions in credit evaluations”
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