This week’s key economic news includes the Consumer Price Index (CPI) and Producer Price Index (PPI), both set to be released Tuesday and Thursday respectively.

Expectations are for moderate readings, with tariff impacts only beginning to appear. A clearer economic picture has yet to emerge.

Stocks are higher with Mortgage Bonds lower after the US and China 90 day agreement.

Rates remain relatively flat, with the mid-6% range likely to be the norm for the foreseeable future. If you’re holding out for a drop in both home prices and interest rates, you may be waiting a long time.

Home prices continue to climb, with the exception of some more volatile markets—particularly in Texas and the Florida condo sector.

We’ll get more insight on Friday when the Housing Starts and Building Permits reports are released.

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