Little Change in Mortgage Applications This Week
Mortgage applications barely increased this week amid lingering high mortgage rates, but the increase was enough to push home purchase...
Economy
America’s Housing Affordability Crisis: Perspectives From the New York Fed Event
Housing affordability remains a main concern—not just for individuals looking to buy their first home, but for the broader economy,...
Inflation Up for the Third Straight Month, Though Economists See Silver Lining
Inflation continues to rise after a seven-month decline from early in 2024, reversing the trend seen from March to September,...
Big Job Gains in December; Unemployment Rate Unchanged
Total nonfarm payroll employment increased by 256,000 in December, and the unemployment rate changed little at 4.1%, the U.S. Bureau...
Fed Predicts Inflation Will Fall, but Slower Than Anticipated in 2025
The Federal Reserve (Fed) has predicted that inflation will continue to slow in 2025, albeit at a slower pace than...
Mortgage Mix: Lawsuit Between Luminate Home Loans and Better Home & Finance Evolves
Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday...
Consumer Sentiment Rises for Fifth Straight Month in December
The University of Michigan’s consumer sentiment index improved for the fifth consecutive month in December, rising about 3% to its...
Key Inflation Rate Hits 2.4% in November, Near 2% Fed Target
Inflation rose slightly in November, according to a U.S. Bureau of Economic Analysis report released December 20, as a recent...
Leading Index Reverses Course, Up for the First Time Since February
The Conference Board Leading Economic Index (LEI), which measures indicators of significant turning points in the business cycle and where...
Fed Cuts Interest Rates by a Quarter-Point, Third Cut This Year
As widely expected, Federal Reserve (Fed) officials lowered interest rates again, marking the third cut this year—although markets wobbled based...
Investor Clients: 10 Key Questions and Answers That Lead to Closings
For most experienced residential real estate agents, it’s no longer same-old, same-old when it comes to getting clients into homes. Read more.
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