Fed Chair Jerome Powell Points to Almost Certain Rate Cut in September
Above, Jerome Powell The possibility of a September interest rate cut just became a much more imminent promise, according to...
Economy
Mortgage Rates Remain Low; Expert Sees Little Change
The 30-year fixed-rate mortgage (FRM) remains at the low level seen recently, from last week’s average of 6.49% to a...
Mortgage Applications Drop; Refinance Activity Remains High
Mortgage applications decreased 10.1% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey...
Economic Index Drops, but Recession Isn’t Predicted by the Results
The Conference Board Leading Economic Index (LEI) for the U.S., which provides an early indication of significant turning points in...
Mortgage Mix: Rates Dip Sharply; Major Lender Prepping for Refinance Boom
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
Mortgage Rates Plummet to Lowest Level in Over a Year
The 30-year fixed-rate mortgage (FRM) dropped drastically to the lowest level seen in over a year, from last week’s average...
Mortgage Applications Reach Highest Volume Since January
Mortgage applications increased 6.9% from one week earlier, reaching the highest volume seen since January of this year, according to...
United Mortgage Prepares for a Rate Cut and Refinance Boom
With a Federal Reserve rate cut on the tongues of every industry economist, the mortgage market is readying itself for...
Mortgage Mix: Incoming Rate Cut Reflected in Recent Data
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
Unemployment Rises in July, Experts See Hope on Horizon
The U.S. added 114,000 jobs in July, below the average monthly gain of 215,000 over the prior 12 months, according...
7 Potential Under-the-Radar Issues That Could Derail a Deal
When clients buy a home, under-the-radar issues often involve factors beyond cosmetic appeal, which can lead to significant financial and legal problems down the line. Read more.
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