Inflation Numbers Show Progress; Lower Mortgage Rates Possible Soon
The personal consumer expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, increased 0.2% in December, according to...
Economy
Consumer Sentiment Soars in January
Consumer sentiment grew an astounding 13.1% in January, following a sharp increase in December, according to data from the University...
Fed Governor Offers Optimistic View of Rate Cuts, Economy in 2024
In a speech sponsored by the think tank Brookings Institution, Federal Reserve Governor Chris Waller said he feels more confident...
Mortgage Mix: Another Cybersecurity Attack Strikes the Mortgage Industry
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 Continue to Hover in the Mid-Six Percent Range
The 30-year-fixed-rate mortgage changed little this week, averaging 6.66%, a slight increase from last week’s average of 6.62%, according to...
Consumer Price Index Continues Slow Rise in December
Inflation saw another small rise in December, continuing the 0.1% rise seen in November. Following the two recent consecutive pauses...
Interest Rates Will Remain Elevated, According to NY Fed President
Interest rates will remain high for “some time,” according to recent comments made by New York Federal Reserve President John...
Mortgage Applications See Improvement This Week
After a two-week period of decreases over the recent holiday season, mortgage applications increased 9.9% from one week earlier, according...
Unemployment Remains Unchanged at 3.7%
The U.S. added 216,000 jobs in December, and the unemployment rate was unchanged at 3.7%, according to the latest Employment...
Mortgage Rates Continue Their Fall Below 7%
The 30-year fixed-rate mortgage continued its fall below 7% this week, averaging 6.67% this week, down from the previous week’s...
Safe at Home: Holiday Tips That Keep Risks and Hazards to a Minimum
Getting back in touch through emails or notes can provide a subtle reminder that you want to stay connected, as well as providing useful information. Instead of sending a generic Happy Holidays card, why not add helpful holiday safety tips? Read more.
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