How Your Raise Is Finally Beating the Cost of a Mortgage

This week on Wages and Prices, Lucas and Luna dig into a surprising twist in the cost-of-living story: after years of rent and home prices outpacing paychecks, the math on buying a home is finally shifting. With the ten-year Treasury around 2.3 percent and mortgage rates following suit, the monthly payment on a median-priced home is growing slower than average hourly earnings for the first time in years. They break down the numbers—from the employment cost index to the latest CPI reading—and explain why this isn't just a blip, but a structural shift that could change how workers think about homeownership. Plus, they look at what a divided Fed under Kevin Warsh means for rates going forward, and whether the recent dip in inflation is here to stay. If you've been wondering whether it's finally a good time to buy, this episode gives you the framework to decide. Listen in for a fresh angle on the wage-price race, grounded in the latest data from June 2026. #WagesAndPrices #MortgageRates #HousingMarket #Inflation #FederalReserve #KevinWarsh #EmploymentCostIndex #AverageHourlyEarnings #CPI #CorePCE #TreasuryYields #HomeAffordability #Economics #CostOfLiving #WageGrowth #PurchasingPower #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo