Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. –The collapse of two regional banks in California and New York may be good news in the short term for mortgage rates, which fell from 6.73% to 6.60% this week. All eyes are now on the…
The Producer Price Index (PPI), another gauge of inflation that measures prices for wholesale goods and services, fell further than expected this month, throwing another curveball at the Federal Reserve as it seeks to navigate a suddenly much more complicated financial picture. The PPI fell a fractional 0.1% in February, down from a 0.3% increase…
The latest CPI data shows another significant taming of price increases. The question is, does it matter anymore? After the sudden demise of two major banks in the last few days, a moderate decrease in CPI—from 6.4% to 6.0%—might not be a major factor in the next big policy decision by the Federal Reserve, with…
Every year all across the country, hundreds of homes onced used in criminal enterprises, bought with illicit funds or owned by foreign nationals found to be engaging in terrorism, end up in the hands of the federal government. Some of these cases you probably have read about, with news organizations picking up on the more…
On March 9 President Joe Biden released his proposed budget for the upcoming fiscal year. Facing significant uncertainty around a possible recession and an upcoming political fight over the nation’s debt ceiling looming just around the corner, the proposal will inevitably evolve as the administration negotiates with Republicans in Congress—but serves as a starting point…
In 2022, RISMedia conducted an extensive, proprietary marketing study, surveying thousands of agents and brokers to find out how real estate professionals put their brands, listings and expertise out into the world. Delving into everything from budgets to preferred channels, the study, which was designed to encompass a huge swath of variables, unearthed insights into…
A hawkish Jerome Powell, testifying before Congress this week, made it clear that he is worried about recent economic indicators and is preparing to raise rates faster—and likely further—than previously anticipated. Facing scrutiny from both sides of the political aisle, including on specific issues affecting housing markets, Powell described recent developments as a potential “reversal”…
After a tumultuous period that saw real estate markets begin pulling back from historic heights almost exactly a year ago, brokers appear to be in “wait and see” mode ahead of an uncertain spring season, with RISMedia’s Broker Confidence Index (BCI) holding essentially steady in February. Slipping only one-tenth of a point from 6.5 to…
After both rental costs and home prices soared far above what historic trends would predict during the pandemic, the path back to more normal price ratios has been uneven, according to the latest data from researchers at Florida Atlantic University (FAU) and Florida International University (FIU), with the trend currently favoring renters. While both rental…
Many real estate professionals view generating new leads as the most important step toward growing a real estate business. But in reality, what you do with those leads is vastly more important. With how powerful and customizable automated marketing tools are, you might feel you are already doing plenty to engage with your sphere—and you…
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