How the Fed’s rate cut impacts mortgage rates

The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping. Read More

Consumer prices pick up steam in August as job market softens

The U.S. consumer price index (CPI) accelerated more than expected last month as the American job market continued to show signs of weakening. The U.S. Bureau of Labor Statistics said Thursday that ... Read More

Housing-Linked Stocks Led Consumer Sector Gains Last Week On Renewed Rate Cut Expectations

Consumer stocks gained last week, in line with the broader market, which hit another record high on renewed expectations of a rate cut by the Federal Reserve this month. The Consumer Discretionary ... Read More

Consumer Cos Down on Jobs-Growth, Housing Concerns -- Consumer Roundup

Consumer companies ticked down despite the Federal Reserve's rate cut as concerns about jobs growth and housing affordability lingered. Housing starts, a gauge of new residential construction, fell to ... Read More

Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging"

The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say. Read More

Inflation remained stubbornly high in August as Fed weighs rate cuts

The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision. Read More

The Fed Cut Rates. Will It Help the Housing Market?

The Federal Reserve voted Sept. 17 to cut the federal funds rate by one quarter of a percentage point. It was a move long anticipated by financial markets, and also by regular folks watching the ... Read More

Americans kept spending last month despite elevated inflation

US consumers kept spending in July, even as inflation remained elevated that month, new data showed Friday. Consumer spending rose 0.5% from June, according to Commerce Department data released Friday ... Read More

As mortgage rates see ‘the largest weekly drop in the past year,’ here are the 10 housing markets with the highest share of homes with price cuts

Mortgage rates have dipped recently, with 30-year fixed-rate mortgage falling 15 basis points from last week, which was “the largest weekly drop in the past year,” Freddie Mac data released Thursday ... Read More

More homeowners are pulling their properties off the market. Here's why.

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read More

US Housing Market Warning Signal From Lumber Prices

Lumber prices are falling, suggesting that a slowdown in new construction is looming over the U.S. housing market. Read More