Mortgage Mix: Rates Finally Come Down, but in Baby Steps
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....
Economy
Economic Index Declines Again in April, Pointing to Slower Growth
The Conference Board Leading Economic Index (LEI) for the U.S. decreased 0.6% in April to 101.8, after decreasing 0.3% in...
Mortgage Rates Decrease Again
The 30-year fixed-rate mortgage (FRM) averaged 7.02% this week, down for the second week in a row from last week’s...
Mortgage Applications See Second Week of Increases
Mortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage...
Mortgage Mix: Rates Remain Above 7%, but Declined for the First Time in Months
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 See First Reprieve in 5 Weeks
The 30-year fixed-rate mortgage (FRM) decreased to 7.09% from 7.22% last week, the first decrease seen since they began rising...
Mortgage Applications Up After Three Weeks of Downs
Mortgage applications increased 2.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications...
Mortgage Mix: No Changes From the Fed as Mortgage Rates Worsen
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 Increase for Fifth-Straight Week
The 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%,...
Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight
The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
Business Tip of the Day provided by
