Fresh Economic Data Give Clues to Where Mortgage Rates May Be Headed
Mortgage industry analysts have been watching and waiting to see what the Federal Reserve will do—or say—next about rate cuts....
Economy
Consumer Confidence Hits Two-Year High
Consumer confidence increased 6.8 points to 114.8 in January, the third consecutive month of increases and the highest reading seen...
Mortgage Mix: loanDepot’s 16.6 Million Cyber Attack Update—We’re Making Progress
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....
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...
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...
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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