1 minute readConsumer prices rose 0.1% in March, a little less than expected. Most of the month’s rise in prices came from a spike in the prices of fresh fruits and vegetables, so your typical American family didn’t suffer inflation at all. While the overall CPI rose 0.1%, the core CPI was unchanged in March. Core CPI measures consumer prices except for food and energy. Medical care and new and used vehicles got more expensive, and houses, furniture and clothing got less expensive. The flat core CPI bodes well for mortgage rates, which have declined this week as investors gobble up mortgages to replace the home loans that the Fed bought in its $1.25trn spending spree.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
