Prices Ticked Up in February Overall, Justifying Fed’s Caution on Lowering Rates
The Consumer Price Index (CPI) increased 0.4% in February on a seasonally adjusted basis, after rising 0.3% in January, the...
Economy
Mortgage Mix: First-Time Homebuyers Make Headway as Mortgage Market Shifts
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 Applications Begin to Thaw for Spring
Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications...
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94%...
Inflation Data Raises Hope for Rate Cuts Despite ‘Wonky’ Blip
No news appears to be good news as far as inflation data goes, with investors celebrating as the Federal Reserve’s...
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...
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....
How to Tell If a Tired Landlord May Be Ready to List
As a real estate agent, you know motivated seller leads are the foundation of your business. But what if you’re overlooking one of the highest-value opportunities? Meet the "tired landlord." Read more.
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