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REAL ESTATE JERKY DAILY

Inflation Indicators: How PCE Affects Real Estate and Mortgage Rates

August 30, 2024 · 07:10

Welcome to another episode of Real Estate Jerky Daily with your host, Ed Parcaut! In today's episode, Ed dives into the latest economic updates just before the Labor Day weekend. With his co-host Mike Kelly away on vacation, Ed brings us up to speed on key topics like the Personal Consumption Expenditures (PCE) index, recent trends in mortgage rates, and the latest news surrounding VA cash-out refinances. #### In This Episode: - **Market Updates**: Ed explains why the markets are relatively quiet, despite positive inflation data. - **PCE Index**: Breakdown of the Fed's favorite inflation gauge and its recent trends. - **Mortgage Rates**: Why

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