UBS has increased its price target for Zillow Group (NASDAQ:ZG) shares to $98 from the previous target of $90, while keeping a Buy rating on the stock. Currently trading at $77.98, Zillow has shown impressive momentum with a nearly 60% gain over the past six months.
Zillow Economics predicts shelter CPI inflation – and the results remind us that unless active rental markets moderate even more, the U.S. economy as a whole will continue to grapple with the strain of rising costs of living well into 2025.
Use this inflation calculator to see how prices are changing: Inflation is the loss of purchasing power over time as prices rise. It is often expressed as a percentage and generally refers to a trend marked by rising prices across sectors, affecting common household expenses like food and energy.
These are today's mortgage and refinance rates. The Fed isn't expected to cut rates this week, but we may see mortgage rates fluctuate anyway.
These fifteen houses sold well over the typical home value and stood out as the most expensive homes sold last year in Sangamon County.
A higher-for-longer interest rate environment has the U.S. economy stuck in place, with existing home sales in 2024 falling to their lowest level since 1995. While
These are today's mortgage and refinance rates. Mortgage rates have been elevated recently, and they might not drop much this year.
Top News Bank of Japan Resumes Hiking Rates as Economy Strengthens The Bank of Japan raised its target for the overnight call rate to 0.5% from 0.25%, making its third rate hike since ending its long-running negative interest-rate policy in March. The bank previously raised the policy rate to 0.25% in July and had kept it at that level since.
These are today's mortgage and refinance rates. Mortgage rates remain elevated, and they might not drop much this year unless inflation slows further.
Escalating rents and dwindling affordable space has made house hacking a growing alternative that can also generate passive income.
Following Trump's inauguration, the Federal Reserve will hold its first policy meeting of the year. Though economists believe the Fed won't raise or lower interest rates on Jan. 29, investors will be looking for any signals to inform their risk assessment and trading strategy, all of which could impact the direction of mortgage rates.
These are today's mortgage and refinance rates. Mortgage rates may not drop as much, or at all, if inflation doesn't continue to slow this year.