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% ...
Tag: Inflation
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 ...
Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains
The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep ...
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 ...
Mortgage Mix: Rates Show Moderate Rise While Applications Pull Back
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. ...
Consumer Prices See Another Rise in January, With Housing Shelter Inflation Up 6%
The Consumer Price Index (CPI) saw another rise last month, up 0.3% in January after rising 0.2% in December, according ...
Consumer Sentiment Continues to Gain Momentum
The latest Survey of Consumers from the University of Michigan finds that consumer sentiment in January remains relatively rosy, suggesting ...
Fed Requires ‘Continuing Evidence’ of Inflation Decrease Before a Rate Cut
As expected, the Federal Reserve indicated that rate cuts aren’t in proximity unless there is “continuing evidence” revealing inflation is ...
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 ...
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 ...
Reconcile Transactions Weekly, Not Monthly
Frequent reconciliation helps brokerages catch errors early, avoid end-of-month scrambles and keep cash flow predictable. Stay ahead of errors.
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