Mortgage Applications Reverse Course
Following a strong seven-week stretch of increases, mortgage applications fell 1.5% this week, down from last week’s 7.4% rise, according...
Economy
Mortgage Mix: Signs Point to Better Times in 2024
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....
Many Brokers See ‘Flip’ to Buyer’s Market in 2024
Despite broker sentiment hitting a yearly low in November—at exactly the same time as it did last year—there are larger...
The Fed Continues to Keep Interest Rates Steady
Interest rates will remain unchanged for the second month in a row, according to the latest press conference from the...
Consumer Price Index Sees Small Rise in November
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes...
Mortgage Mix: Black Knight Wins $155 Million Arbitration; Refi on the Rise
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday. -Freddie...
Unemployment Edges Down to 3.7%
The U.S. added 199,000 jobs in November, and the unemployment rate fell slightly to 3.7%, according to the latest Employment...
Mortgage Rates Hover Near 7%
The 30-year fixed-rate mortgage (FRM) decreased for the sixth straight week, from last week’s average of 7.22% to an average...
Falling Inflation Could Lead to Fed Cutting Rates
The Personal Consumption Expenditures (PCE) index, maintained by the Bureau of Economic Analysis (BEA), tracks prices, consumer spending and fluctuations...
Consumer Confidence Sees Unexpected Rise in November
Consumer confidence increased from 99.1 in October to 102 in November, breaking a three month streak of decreases, according to...
How to Build a ‘B-Roll Bank’ for Effortless Content
For the modern real estate professional, mastering short-form video is no longer optionial…it's the most effective way to build brand authority and stay top-of-mind with your sphere. Read more.
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