MarketMinute | What's Gen Z's top platform for homebuying education?
Shelter prices contributed to higher-than-expected inflation for January, lowering the odds that the Fed will cut rates soon. Fed members continued spreading the message that they are hesitant to start cutting rates yet and want to see more data first. Consumer spending fell more than expected in January, after making gains in December. Retail sales dropped 0.8%, more than the expected 0.3%. As mortgage rates rose last week, total applications fell 2.3%. Purchase apps dropped 3% for the week and...
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