Episode Details

In this week's Real Estate News Brief (December 15, 2024), mortgage rates dip before rebounding, inflation trends upward with a 0.3% CPI increase, and the jobs report exceeds expectations with 227,000 new payrolls. Kathy Fettke breaks down how these updates could impact the Fed's next move on interest rates and what real estate investors need to know about mortgage trends, inflation data, and economic shifts. Tune in to learn about the latest real estate and economic insights!

Timestamps:
(00:00) News Brief Breakdown
(00:28) Inflation Update
(01:44) November Jobs Report
(02:57) Mortgage Rates Update

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Sources:

1. https://www.scotsmanguide.com/news/november-cpi-report-signals-that-fight-against-inflation-has-stalled/?utm_source=originator&utm_medium=news&utm_campaign=newlayout

2. https://www.bankrate.com/mortgages/todays-rates/mortgage-rates-for-friday-december-13-2024/ 

3. https://www.mortgagenewsdaily.com/

4. https://www.cnbc.com/2024/12/06/jobs-report-november-2024.html