Mortgage Applications Decrease This Week, Reaching Lowest Level Since 1996
Mortgage applications decreased 0.8% from one week earlier, when it decreased 2.9%, according to the latest Weekly Mortgage Applications Survey...
Economy
Inflation Rises Again, Though Economists Stay Optimistic
For the second month in a row, inflation is up, as the last Consumer Price Index (CPI) report before the...
Brokers Brace for Difficult Rebalancing Ahead of Winter
Also very notable and potentially worrying: RISMedia’s Broker Confidence Index (BCI) just hit its lowest point of the year,...
Mortgage Mix: Rates and Applications This Week
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 Lending Grows in Q2 2023
The total number of mortgages secured by residential property increased to 1.56 million during Q2 2023, according to a new...
Mortgage Delinquencies See No Change in June
For the month of June, 2.6% of all mortgages in the U.S. were in some stage of delinquency, unchanged from...
Unemployment Jumps to 3.8%
The U.S. added 187,000 jobs in August, and the unemployment rate took a leap to 3.8%, according to the latest...
Mortgage Mix: Black Knight Bought Out; China Chops Rates
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 Nudges Up, Adding to Rate Worries
The latest report on Personal Consumption Expenditures (PCE) showed prices climbing by 0.3% from last month, an expected but still...
Pending U.S. Home Sales Mixed as Regional Trends Reverse
A mixed report on pending home sales to close out the summer offers a muddled picture of 2023’s slow season,...
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.
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