Inside the Economy: Interest rates & Housing

This week on “Inside the Economy”, we will dive a little deeper into June’s headline vs core inflation numbers. As oil drops below $100/barrel, will that signal the peak of inflation? In the housing market, loan applications decline to a level we haven’t seen in over two decades. Where will mortgage rates end up? Tune in to learn more!

Key Takeaways:

• 10-year treasury yield is around 2.9%
• 30-year mortgages are closing in on 6%
• Jobless claims tick up