Join us for this captivating episode of the Real Estate Talk Podcast where we dive deep into a discussion about the recent data surrounding the Personal Consumption Expenditures that rose to 2.7% in March from 2.5% in February. This indicates a strong economy where consumers are continuing to spend money. However, it should be noted that personal savings is down. This is likely due to rising inflation across the board where every day items are causing every day Americans to suffer and ultimately live pay check to pay check. The high PCE is a strong indicator that mortgage interest rates are likely to increase or remain unchanged throughout the summer. This is looking more contrary to the Federal Reserve's earlier prediction of seeing up to three interest rate decreases in 2024. Also in the news United Wholesale Mortgage (UHM) is accused of runnin ...