Mortgage Applications Decrease Following More Rate Hikes
The increase in mortgage applications last week was short-lived, as purchase applications fell this week, down 1.3% from one week...
Economy
Consumer Confidence Sees Another Dip in September
Consumer confidence fell for the second month in a row, from 108.7 in August to 103 in September, according to...
Leading Economic Indicators Continue to Trend Down
The Leading Economic Index (LEI) fell 0.4% in August to 105.4, continuing the recent downward trend, according to the latest...
Fed Pauses, But Projects Higher Rates Next Year
For just the second time in 19 months, the Federal Reserve chose today to meet without raising interest rates, leaving...
Consumer Sentiment Falls Again in September
Consumer sentiment fell 2.6% in September, according to data from the University of Michigan. “Sentiment this month was characterized by...
Mortgage Rates Inch Back Up
The 30-year fixed-rate mortgage (FRM) averaged 7.18% this week, back to where it was two weeks ago after a dip...
Economists Predict Longer-Term Housing Rally at RISMedia CEO & Leadership Exchange
Above: Bright MLS Chief Economist Dr. Lisa Sturtevant. Photo by AJ Canaria. In 1992, pundit James Carville coined the phrase...
Mortgage Applications Decrease This Week, Reaching Lowest Level Since 1996
Mortgage applications decreased 0.8% from one week earlier, when it decreased 2.9%, according to the latest Weekly Mortgage Applications Survey...
Inflation Rises Again, Though Economists Stay Optimistic
For the second month in a row, inflation is up, as the last Consumer Price Index (CPI) report before the...
Brokers Brace for Difficult Rebalancing Ahead of Winter
Also very notable and potentially worrying: RISMedia’s Broker Confidence Index (BCI) just hit its lowest point of the year,...
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