Mortgage Applications Continue to Slump
Mortgage applications decreased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications...
Economy
ICE First Look: January Mortgage Delinquencies Drop to Lowest Level Since October
Good news for homeowners: Mortgage delinquencies are on the decline, dropping to their lowest point since October 2023, according to...
Mortgage Rates Near 7%
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s...
Leading Index: ‘No Recession in 2024’
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4% in January 2024 to 102.7, following a...
Consumer Sentiment Continues to Warm in February
Consumers' feelings continue to thaw toward the economy this winter, according to the latest data from the University of Michigan....
Builder Confidence Rises for Third Consecutive Month
Continuous rate pauses from the Fed coupled with cooling mortgage rates have homebuilders feeling more and more positive, according to...
Economists Weigh in on the Future of First-Time Buyers
Although we're in the midst of a market correction, the future of the housing market is still up in the...
Mortgage Mix: Affordability Improves as Mortgage Rates Level Off
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....
U.S. Employment Soars, With 353,000 Jobs Added in January
Job growth was unexpectedly strong in January, with companies adding workers at the robust pace of 353,000 last month, another...
Fed Requires ‘Continuing Evidence’ of Inflation Decrease Before a Rate Cut
As expected, the Federal Reserve indicated that rate cuts aren’t in proximity unless there is “continuing evidence” revealing inflation is...
How to Host a Successful Open House in Winter
The winter months create some unique challenges for holding an open house, and preparation for these cold or snowy days is important for success. Read more.
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