The inflation data for CPI and the PCE Index was intended to be released this upcoming week, but it has been delayed until the following week. Given that, the most important data for this week was the Jobs Report, which includes important figures such as the amount of job growth and wage gains in proportion to inflation.
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Payment Comfort Matters More Than Purchase Price
Many buyers become focused on purchase price as a symbol of success. The larger the number, the more accomplished the transaction may feel. However, purchase price alone does not determine financial strength. Payment comfort determines whether homeownership feels empowering or restrictive. Mortgage strategies should focus on sustainability, not status.