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In this Real Estate News Brief for the week ending June 1st, 2024... we take a look at how the latest inflation report might influence the Fed\u2019s rate-cutting decision, the return of the zero-down mortgage, and two new rent growth reports for single-family homes and apartments.\xa0 \xa0 Hi, I'm Kathy Fettke and this is Real Estate News for Investors. I encourage you to sign up for a free membership at RealWealth. We will help you understand the real estate market, and how you can make wise investment choices. One way to jumpstart your education is to go on a property tour. There\u2019s one coming up for San Antonio next week so please join us! \xa0 Getting back to economist news from this past week. The latest inflation report reignited hope for a rate cut this year. The Fed\u2019s preferred Personal Consumption Expenditure index for April shows the overall inflation rate up .3%, which economists had forecast. But the core rate, which strips out prices for food and gas, was a surprise, at an increase of .2%. That\u2019s the smallest monthly increase for the core rate this year. The annual overall rate is now 2.7% and the core rate, 2.8%. Both are inching closer to the 2% level that the Fed is targeting... \xa0 ...That\u2019s it for today. You can read more about the stories in this episode by following links in the show notes at newsforinvestors.com. And please remember to subscribe to this podcast, and leave a review! \xa0 Thanks for listening! Kathy Fettke \xa0 Links: \xa0 1 - https://www.marketwatch.com/livecoverage/april-pce-report-key-inflation-data-may-show-slowest-core-growth-of-the-year/card/april-pce-shows-smallest-increase-in-core-inflation-this-year-5D5wVFUrJSssAziesr4g \xa0 2 - https://www.marketwatch.com/story/feds-williams-expects-inflation-to-cool-in-the-second-half-of-the-year-ad9987f0?mod=inflation \xa0 3 - https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html \xa0 4 - https://www.theguardian.com/business/article/2024/jun/03/european-and-canadian-central-banks-expected-to-cut-interest-rates-this-week \xa0 5 - https://www.marketwatch.com/story/jobless-claims-rise-slightly-to-219-000-in-latest-week-35cf88d5?mod=economic-report \xa0 6 - https://www.marketwatch.com/story/home-prices-reach-new-high-in-march-case-shiller-says-fueled-by-scarcity-eedff4b5?mod=aarthi-swaminathan \xa0 7 - https://www.marketwatch.com/story/pending-home-sales-plunge-as-home-buyers-steer-clear-of-7-mortgage-rates-abcbe9ae?mod=economic-report \xa0 8 - https://www.freddiemac.com/pmms \xa0 9 - https://www.cnn.com/2024/05/30/business/zero-down-mortgages-making-a-comeback/index.html \xa0 10 - https://www.corelogic.com/press-releases/corelogic-com-press-releases-attached-rental-prices-drop-first-time-14-years/ \xa0 11 - https://www.globest.com/2024/05/28/apartment-rents-post-national-monthly-growth-of-over-1-in-may/ \xa0 12 - https://www.redfin.com/news/renters-staying-put-longer/