The latest UK price inflation data sprung no surprises (for once) but persistently rising food costs, among other things, suggest there's a good chance the Bank of England will stick at 4% until 2026. What does that mean for your money? https://t.co/PDdjPg4e7t ...

Core Insights - Mortgage rates have significantly decreased from recent highs, providing relief for buyers and refinancing opportunities for homeowners affected by the "golden handcuff effect" [1] - Despite improvements, experts caution that achieving true affordability in the housing market will require time [1] Market Dynamics - The housing market has seen limited movement since interest rates surged post-COVID-19 pandemic, with homeowners reluctant to sell due to low mortgage rates and potential buyers facing high borrowing costs and limited inventory [2] - Early signs of improvement in housing affordability are emerging, with indications of price drops, although official data has yet to confirm this trend [3] - Inventory levels in the real estate market are showing growth, contributing to a more balanced market and providing buyers with more options than in recent years [4][6] Mortgage Rate Trends - The average rate on a 30-year fixed mortgage fell to 6.35%, marking the largest weekly drop in the past year [7] - Mortgage rates have declined nearly 70 basis points from the 2025 high and about 150 basis points from the 2023 peak, improving near-term affordability [6][8] Future Projections - Interest rates are expected to remain in the low 6% range for at least the next year, with modest improvements in affordability anticipated [10] - Income growth is predicted to help alleviate financial burdens, although the pace may slow as the labor market cools [11] - While there is potential for modest improvement in housing affordability, a complete "unlock" is not expected in 2026/2027 [13]

🇺🇸 WHITE HOUSE ADVISOR NAVARRO URGES FED TO CUT RATES 50BPS TODAY AND 50BPS NEXT MEETING. https://t.co/z4KTrM9R6Y ...

Like, if the FED will cut rates today 👀 https://t.co/jGuySxN7my ...

CNBC's Diana Olick joins 'Squawk Box' to break down the latest weekly mortgage applications data. ...

🚨JUST IN: WHITE HOUSE ADVISOR NAVARRO URGES FED TO CUT RATES BY 50 BPS TODAY AND ANOTHER 50 BPS AT NEXT MEETING ...

The European Central Bank is likely to maintain steady interest rates in the months ahead, according to incoming Governing Council member Alvaro Santos Pereira, who described himself as “definitely not a dove” https://t.co/ALASxT7NHd ...

Tariffs and artificial intelligence are deflationary forces that have forced the Fed to capitulate.They must cut rates today.50 basis points is the signal the market needs to know they are serious. ...

The Federal Reserve, as we've mentioned many times this morning, is set to announce a decision on interest rates that is coming at 2 PM Eastern time. So, not that far away. Let's bring in two economists with different expectations on this.Joining us right now is Veronica Clark. She's city economist. She's expecting five consecutive 25 basis point cuts starting today.And then Mark Vitner, who is Pedmont Crescent Capital Chief Economist, says that the Fed might be better served by cutting in just two of the n ...

Federal Reserve officials are expected to backstop a faltering US labor market by lowering interest rates Wednesday, marking a shift after worries about tariff-induced inflation kept them on hold all year https://t.co/vlpinhhLFA ...